Banking Litigation Episode 37: Monthly Update - November/December 2022 (Christmas Special!)

In this Christmas Special edition of our banking litigation podcast, we consider some recent cases that will be most relevant to in-house lawyers at banks and financial institutions. This episode is hosted by John Corrie, a partner in our banking litigation team, who is joined by Ceri Morgan and special guests Elena Kormosh, Scott Warin, Tom Wyer and Catherine Bagge.

 You can find links to our blogs on the cases covered in this podcast below:

•  High Court confirms interest rate swaps entered into with Italian municipal authority were valid, lawful and binding on the parties
• High Court finds that bank's notice of event of default under section 5(a)(i) of the 2002 ISDA Master Agreement is valid
• Court of Appeal finds party was required to accept non-contractual performance in exercising reasonable endeavours to "overcome" force majeure event
• High Court considers contractual construction of irrevocable letter of credit incorporating UCP 600
• Interpreting ICC standardised rules in trade finance disputes: courts take an international perspective
• No privilege for original version of document simply because comparison to final version would reveal legal advice
• Court of Appeal confirms identity of those instructing lawyers not generally protected by litigation privilege

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