ICMA Quarterly Briefing, Q2 2025: Impact of CJEU case on asymmetric jurisdiction clauses in bond documentation

Miriam Patterson, Senior Director, Market Practice and Regulatory Policy, ICMA, discusses the use of asymmetric jurisdiction clauses in the international debt capital markets following the judgement of the Court of Justice of the European Union (CJEU) in the Lastre SpA v. Agora SARL case.