Template:M comp disc 2002 ISDA 13: Difference between revisions

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{{isda 13 comp|isdaprov}}
Largely the same, in practical effect, between the two versions: the clause grants the non-exclusive jurisdiction of the courts of the governing law you have chosen: you can launch proceedings wherever you like, but you can’t complain if they are launched in a home court, which leaves open that you ''might'' complain if they are launched in some other, inconvenient, court.
 
No doubt a litigation lawyer would be outraged at this suggestion that the versions mean different things, but life’s too short.
 
2002 version of {{icds}} were properly phoning it in on this one. There are some changes, but none of them mean anything.

Latest revision as of 14:09, 5 January 2024

Largely the same, in practical effect, between the two versions: the clause grants the non-exclusive jurisdiction of the courts of the governing law you have chosen: you can launch proceedings wherever you like, but you can’t complain if they are launched in a home court, which leaves open that you might complain if they are launched in some other, inconvenient, court.

No doubt a litigation lawyer would be outraged at this suggestion that the versions mean different things, but life’s too short.

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