Fomento De Construcciones Y Contratas SA v Black Diamond Offshore Ltd (Court of Appeal hearing)
The Court of Appeal has rejected an appeal brought by a leading Spanish company ("FCC") against a first instance decision that an event of default had occurred in respect of a debt instrument.
Background
United Kingdom, Capital Markets, Insolvency & Restructuring, Litigation, DAC Beachcroft, Debt, Federal Communications Commission (USA), Court of Appeal of England & Wales