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Credit Suisse First Boston (Europe) Ltd -v- MLC (Bermuda) Ltd

21st Dec 1998

[1999] 1 All ER (Comm) 237

Christopher Butcher QC – Conflict of laws – Jurisdiction – Exclusive jurisdiction – Plaintiff selling bonds to defendant – Purchase agreements stating that defendant submitted to jurisdiction of English courts – Plaintiff suing defendant in England for outstanding payments – Defendant suing plaintiff and affiliated companies in New York in connection with same transaction – Whether defendant subject to English exclusive jurisdiction regime – Whether defendant’s New York claims falling within scope of regime – Whether defendant should be restrained from pursuing New York litigation.