Sentences with phrase «pendens provision»

Recent court cases include Lehman Brothers Finance AG v Klaus Tschira Stiftung GmbH [2014] EWHC 2782 (Ch) Jessica was instructed (with Hugh Mercer QC) for the defendants in their successful application for a stay of English proceedings in relation to an ISDA Master Agreement, on the grounds that conciliation proceedings in Switzerland were sufficient to trigger the lis alibi pendens provision in Article 27 (1) of the Lugano Convention 2007.