Black Diamond: Exclusive jurisdiction clauses and insolvency disputes

blackdiamondInsolvency practitioners will be interested to read our post on Black Diamond v Fomento De Construcciones Y contratas where Asplin J upheld an exclusive jurisdiction clause in favour of the English courts despite submissions that an English judgment would then be used for collateral purposes in foreign insolvency proceedings.

Our LexisPSL Dispute Resolution colleagues have written analysis which can be found on our Dispute Resolution blog. The analysis also includes facts and practical analysis and can be found here.

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