Tag: sanctions
Showing 40 out of 40 results
21 March 2022
Party entitled to rely on force majeure clause where counterparty’s parent company became subject to US sanctions
23 November 2020
US Sanctions and the right of borrowers to withhold repayment: Commercial Court signals return to orthodoxy
14 July 2020
Court of Appeal confirms borrower’s right to withhold payment under English law Tier 2 Capital facility agreement where risk of US secondary sanctions
30 September 2019
High Court finds terms of English law Facility Agreement allowed borrower to withhold interest payments given risk of US "secondary" sanctions
In a recent decision, the High Court has found that the terms of a Facility Agreement governed by English law allowed the borrower to withhold payment of …