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By Katia FETTES, Partner, Global Loans Ludmilla BOUCHEZ-LECUY, Senior Associate, Global Loans, Ashurst
On 27 February 2024, the Court of Justice of the European Union (“CJEU”) handed down a significant decision in the Lastre case (C-537/23) regarding asymmetric jurisdiction clauses.
This judgment confirms the validity and compliance of these clauses under article 25 of the Regulation (EU) No. 1215/2012 of the European Parliament and of the Council of 12 December 2012 on jurisdiction and the recognition and enforcement of judgments in civil and commercial matters (recast) (the “Brussels Regulation”) and the Convention on Jurisdiction and the Recognition and Enforcement of Judgments in Civil and Commercial Matters, signed at Lugano on...
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