Banking Litigation Notes
Tag: event of default
Showing 10 out of 10 results
20 January 2026
Court of Appeal upholds contractual limits on challenging enforcement action in cross-border finance transaction
19 January 2026
Supreme Court considers approach to interpretation of industry-wide standard form contracts
24 November 2025
High Court upholds contractual limits on challenging enforcement action in cross-border finance transaction
18 November 2025
High Court finds default interest clause in loan agreement is not an unenforceable penalty
28 July 2025
Financial List finds claim for declaratory relief brought by ultimate beneficial owners of loan notes against issuer is arguable
06 March 2019
Important High Court guidance on the limits of determining party's discretion when calculating Loss under the 1992 ISDA Master Agreement
26 April 2018
Court of Appeal confirms wide discretion afforded to a non-Defaulting Party when determining "fair market value" of securities under the GMRA (2000 version)
The recent Court of Appeal decision in LBI EHF v Raiffeisen Bank International AG [2018] EWCA Civ 719 affirms the wide discretion of the …
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 …
16 May 2013
UK Supreme Court clarifies the "balance-sheet" insolvency test
BNY Corporate Trustee Services Limited v Eurosail-UK 2007-3BL PLC [2013] UKSC 28 The Supreme Court has delivered a …
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 …