País
Commercial Court
[2025] EWHC 1368 (Comm)
Fecha:
05-Jun-2025
Error al cargar el documento
Heading
A INTRODUCTION
The parties
The evidence
The UMAA
The Client Agreement
The ISDA Master Agreement
The Terms
The Correspondent Bank Account
C THE BACKGROUND
Proceedings in the Russian courts
D THE “WHOLLY CONTRACTUAL” ANTI-SUIT CLAIMS
The UMAA and the Client Agreement
The 2017 Terms
Which of the JPM Entities are entitled to enforce the 2017 Terms Arbitration Agreement?
What is the effect of the contractual hierarchy provisions on the status of the 2017 Terms Arbitration Agreement in relation to the various claims brought by VTB?
The ISDA Master Agreement
E THE APPLICATION BY A CONTRACTING PARTY TO RESTRAIN CLAIMS AGAINST NON-CONTRACTING PARTIES AS A MATTER OF CONTRACT
Contractual promises not to sue third parties
Cases where a third party seeks to enforce a contractual right which is subject to an arbitration agreement
The special status of arbitration agreements under English law
The authorities
The construction argument
An implied term
F THE APPLICATION TO RESTRAIN CLAIMS ON THE “VEXATIOUS AND OPPRESSIVE” BASIS
The UMAA and Client Agreement Claims
The ISDA Claim
G SHOULD THE COURT REFUSE TO MAKE THE INJUNCTION IN THE EXERCISE OF ITS DISCRETION?
H THE CLAIM FOR AN ANTI-ENFORCEMENT INJUNCTION
I VTB’S CHALLENGE TO JURISDICTION
Forum non conveniens
Alternative service
Conclusions