Supreme Court ruling on the validity of rights terminating on insolvency

The Supreme Court in Belmont Park Investments PTY Ltd v BNY Corporate Trustee Services Ltd [2011] UKSC 38 has handed down an important judgment considering the validity of termination rights linked to a counterparty’s insolvency. The judgment, and the guidance which it contains, are significant, as many financial structures and commercial contracts incorporate such provisions.

For more information, please see our client briefing on the Supreme Court's decision.

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