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Studio Legale BraggionAvvocati Italian lawyersItalienische RechtsanwälteAvocats italiens


Bank guarantees - international jurisdiction - connection

Bank guarantees and international jurisdiction based on "connection".
The article analyzes the Italian case law on international jurisdiction in respect of a claim concerning the payment of a counter guarantee issued by a foreign bank. Italian jurisdiction exists upon a bank domiciled outside the European Union on the basis of the “connection” rule laid down by the Brussels Convention of 1968, even though the counter guarantee provides for the exclusive jurisdiction of the courts of a foreign country.
bank guarantees and int jurisdiction.pdf
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