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BNP Paribas seeks English Commercial Court anti-suit injunction restraining VietJet's Vietnamese proceedings, invoking exclusive jurisdiction clauses in A321 aircraft financing dispute

Published on: 05 September 2024

Published by a Law360 reporter
Legal News
Article summary

According to an 8 August 2024 High Court submission, the French lender contended that the English courts alone should determine the dispute after Vietjet Aviation Joint Stock Company launched proceedings in Vietnam against BNP Paribas, notwithstanding agreements said to require any conflicts to be decided in the UK. The bank is asking the court to grant an order restraining VietJet from pressing on with Vietnamese legal action. The filing asserts that VietJet is obliged to bring the claims in the Vietnamese proceedings against BNPP...

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