Commerzbank Aktiengesellschaft v Liquimar Tankers Management Inc.; Commerzbank Aktiengesellschaft v Pauline Shipping Ltd and another

Practice – Jurisdiction. The Commercial Court dismissed the defendant companies' application for a stay and declined to set aside service out of the jurisdiction, in a case in which proceedings were on foot in both Greece and England concerning related matters and asymmetric jurisdiction clauses conferred exclusive jurisdiction on the courts of a member state of the European Union within the terms of art 31(2) of Regulation (EU) 1215/2012. The court held that, among other things, the English court had jurisdiction.

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