Guardians of New Zealand Superannuation Fund (as Manager and Administrator of the New Zealand Superannuation Fund) and others v Novo Banco SA; Goldman Sachs International v Novo Banco SA

Bank – Banker/client relationship. The Commercial Court dismissed an appeal by a Portuguese bank, Novo Banco, against rulings holding that claims arising out of the collapse of a substantial Portuguese bank should be decided other than by the English court. Novo Banco had not been party to an agreement that the claims should be determined by the English court.

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