Lloyd's Law Reports Plus

Professor Robert Merkin KC; Dr Johanna Hjalmarsson

Document

BANCO SANTANDER TOTTA SA v COMPANHIA CARRIS DE FERRO DE LISBOA SA AND OTHERS

[2017] Lloyd's Rep. Plus 9

COURT OF APPEAL

Before Sir Terence Etherton MR, Lord Justice Longmore and Sir Martin Moore-Bick

Banking - Interest Rate Swaps - Applicable law - Express choice of law - Restriction for mandatory rules - Meaning of all the other elements relevant to the situation - Whether article 437 of Portuguese Civil Code constituted mandatory rules - Rome Convention 1980, article 3(3).

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