Legal News

When is a derivative a wagering contract? (WW Property Investments v National Westminster Bank)

Published on: 01 December 2016
Published by: LexisPSL
  • When is a derivative a wagering contract? (WW Property Investments v National Westminster Bank)
  • Original news
  • What was this case about?
  • What were the facts?
  • What was the compromise issue?
  • Did the collars constitute wagering contracts?
  • What was the LIBOR claim?
  • What was the IRHPR claim?
  • To what extent is the judgment helpful and what practical lessons are there to be learned?
  • Case details

Article summary

Banking & Finance analysis: A recent decision discusses whether or not certain derivatives should be categorised as wagering contracts or take a trial to read the full analysis.

Popular documents