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Summary judgment application does not amount to submission to English jurisdiction

This recent interlocutory decision in The Deposit Guarantee Fund for Individuals (" the DGF") v Bank Frick & Co AG ("Bank Frick") & Anor deals another blow to the DGF in its recent attempts to pursue claims in England which allegedly arise following the 2014-15 banking crisis in Ukraine.

Background

United Kingdom, Banking, Insolvency & Restructuring, Litigation, Reynolds Porter Chamberlain