Commentary

28 Foreign customers

BANKING vol 4(1)
| Commentary

28 Foreign customers

| Commentary

27 Governing law in default of choice

In the absence of an express choice of governing law in an agreement, established rules apply for the purpose of determining the law which governs the contract1. Where both parties are English and the contract is to be performed in England, the application of these rules will generally result in the agreement being governed by English law. Equally, in such a situation, the English courts will assume jurisdiction over a dispute arising out of such an agreement in accordance with jurisdictional rules applied by the English courts. Accordingly, in the case of a

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