ISDA Master Agreement: "Additional Representations" held to be enforceable warranties despite invalid derivatives (High Court) | Practical Law

ISDA Master Agreement: "Additional Representations" held to be enforceable warranties despite invalid derivatives (High Court) | Practical Law

In Credit Suisse International v Stichting Vestia Groep [2014] EWHC 3103 (Comm) (03 October 2014), the High Court considered the enforceability of provisions of the 2002 ISDA Master Agreement where one of the parties had acted outside its capacity by entering into derivative transactions under the agreement.

ISDA Master Agreement: "Additional Representations" held to be enforceable warranties despite invalid derivatives (High Court)

by Practical Law Finance
Published on 23 Oct 2014 • England, Wales
In Credit Suisse International v Stichting Vestia Groep [2014] EWHC 3103 (Comm) (03 October 2014), the High Court considered the enforceability of provisions of the 2002 ISDA Master Agreement where one of the parties had acted outside its capacity by entering into derivative transactions under the agreement.