In a decision that may cause some concern, the CJEU has held that asymmetric EU jurisdiction clauses are only valid under EU law if they designate with sufficient precision the alternative jurisdictions in which proceedings...more
3/3/2025
/ Contract Terms ,
Corporate Counsel ,
Court of Justice of the European Union (CJEU) ,
Cross-Border Transactions ,
Debt Collection ,
Enforcement Actions ,
EU ,
Financial Services Industry ,
Jurisdiction ,
Loans ,
Risk Management
For many years now, the EU has sought to create a collective redress mechanism across the EU market. Half of the EU member states have little or no such mechanism....more
The Covid-19 pandemic and its consequences are having a major and sudden impact on economic activities and in particular the conditions in which contracts are being performed. A multitude of scenarii can be envisaged, such as...more
The ability to attach assets of foreign States in France is the subject of a new Bill. A proposed requirement for judicial authorisation for attaching such assets and more severe rules on specific assets are likely to make it...more