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Banking Litigation Notes

Banking Litigation Notes
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Tag: early termination

Showing 4 out of 4 results

10 February 2026

High Court refuses administrators' application to close out FX contracts before maturity

High Court refuses administrators' application to close out FX contracts before maturity
22 March 2018

High Court clarifies calculation of Close-out amount under 2002 ISDA Master Agreement

Lehman Brothers Special Financing Inc. v National Power Corporation & Anor [2018] EWHC 487 (Comm) is a significant case on the calculation of …

19 December 2017

New guidance from the High Court of Section 6(a) of the ISDA Master Agreement (right to terminate following Event of Default)

The High Court has recently considered the interpretation of Section 6(a) of the 1992 ISDA Master Agreement: Grant & Ors v WDW 3 Investments Ltd …

03 April 2012

Court of Appeal provides clarity on payment obligations owed to insolvent counterparties

In a keenly anticipated judgment, the Court of Appeal today handed down its verdict in four appeals ([2012] EWCA Civ 419. In the appeal of (1) Lomas …

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