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libor

Success for Justina Stewart in Anglo-Indian $17 million banking claim

Justina Stewart successfully secured summary judgment in the sum of over $ 17 million and an award of indemnity costs. The hard-fought application involved a plethora of interesting issues – including regarding the Hague Convention on Service and whether the High Court’s jurisdiction was supplanted in the context of a suite of documents containing different dispute resolution clauses. In Punjab National Bank (International) Ltd v MBL Highway Development Company Ltd, Justina Stewart, instructed by Milan Kapadia of Royds Withy King, acted for the claimant in proceedings against the subsidiary of an Indian entity which delivers and operates large-scale infrastructure projects. The Bank provided financing for an Indian highway / toll road project, in the context of a complex collection of…

Banking, News 24 Jun, 2020

Consequences of LIBOR transition for the Middle Eastern banking market: Webinar with Al Tamimi & Company

Justina Stewart was delighted to speak today to over 170 attendees on the consequences of LIBOR transition for the Middle Eastern banking market. The talk focused on the significant challenges to both Middle Eastern banks and regulators brought about by LIBOR transition, and some of the steps that can be taken to mitigate associated risks.  Many thanks to Al Tamimi & Company, and particularly Justina’s co-speakers, Mark Brown and Matthew Heaton, for hosting such an interesting talk. Justina Stewart is ranked as a Leading Junior in Banking & Finance and Insolvency, and is appointed to the Attorney General’s Panel of Junior Counsel to the Crown. A former economist and investment banker, she is described in directories as “incredibly impressive and a…

Banking, News, Webinars & Vlogs 18 Jun, 2020

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