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JOLCO-motion denied: aircraft finance termination payments not penalties

The English High Court has found that termination payments under Japanese Operating Lease with Call Option (JOLCO) structures did not amount to unenforceable penalties....more

Judicial guidance on data subject access requests

The High Court has clarified what information can be requested via a data subject access request and given guidance on the approach to be taken. In particular, recipients of personal data and the purposes of processing can be...more

Employer vicariously liable for rogue employee’s data breach

An employer was held by the Court of Appeal to be vicariously liable for a rogue employee’s deliberate and criminal disclosure of the personal data of other employees. This was despite the employee’s aim being to harm the...more

Construction of competing jurisdiction clauses

The Commercial Court has upheld an Italian local authority’s jurisdiction challenge in respect of certain declarations relating to interest rate swaps entered into under an ISDA Master Agreement. At first instance, the judge...more

6/28/2017  /  Banks , Exclusive Jurisdiction , ISDA , Swaps , UK
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