Our systems are now restored following recent technical disruption, and we’re working hard to catch up on publishing. We apologise for the inconvenience caused. Find out more

Recommended product

Popular links

Popular links


The Financial Courts

The Financial Courts

The Financial Courts

Adjudicating Disputes in Derivatives Markets
Jo Braithwaite, London School of Economics and Political Science
January 2021
Available
Hardback
9781108474795

    In The Financial Courts, Jo Braithwaite analyses thirty years of cases involving the global derivatives markets, exploring the nature of these legal disputes and assessing their impact on financial markets and on commercial law more broadly. Weaving together this substantial body of cases with theoretical insights drawn from the growing literature on the internationalisation of financial law, Braithwaite offers readers a detailed and highly original contribution to the debate about the role of private law in international financial markets. This important work should be read by lawyers, economists and regulators in the field.

    • Analyses three decades of English cases involving modern derivatives markets, alongside reference to leading cases decided in New York and in other major jurisdictions (e.g., Singapore, Hong Kong)
    • Evaluates private law issues arising in the modern financial markets, from contractual interpretation to jurisdiction disputes
    • Explains the complex relationship between the evolution of financial markets and the role of the courts

    Awards

    Co-winner, 2022 The Inner Temple Book Prize, The Inner Temple

    Read more

    Reviews & endorsements

    ‘This is an outstanding contribution to our knowledge of not only the derivatives markets but financial markets more generally. It should be compulsory reading for audience of this journal.’ Sir Ross Cranston, Butterworths Journal of International Banking and Financial Law

    ‘The book under review provides an excellent cornerstone for further research exploring the evolution of the role of English courts in financial markets in light of technological developments. The book also provides an insightful account of English law that will support comparative studies and research on the roles of national courts in dealing with complex financial transactions in the future.’ Christopher Chen, The Modern Law Review

    ‘… the book is well written and exudes the vigorous amount of research undertaken. It is a must-read for any practitioner or those interested in the field of financial derivatives as it encapsulates and clearly traces the development of jurisprudence in the field of derivatives litigation. The book will certainly go on to establish itself as one of the most important works in the academic landscape of derivatives.’ Namit Bafna, Banking & Finance Law Review

    ‘… A must-read for any practitioner or those interested in the field of financial derivatives …' Banking and Finance Law Review

    See more reviews

    Product details

    January 2021
    Hardback
    9781108474795
    400 pages
    155 × 235 × 25 mm
    0.74kg
    Available

    Table of Contents

    • Introduction
    • 1. The modern derivatives markets
    • 2. Global markets and the English courts
    • 3. Interpreting the ISDA master agreement
    • 4. The regulatory framework for mis-selling claims
    • 5. Private law claims for mis-selling
    • 6. The effects of defensive drafting
    • 7. Challenging decision-making
    • 8. Challenging choice of jurisdiction
    • 9. Challenging choice of law
    • 10. The future of the financial courts.
      Author
    • Jo Braithwaite , London School of Economics and Political Science

      Jo Braithwaite is an Associate Professor of International Commercial Finance Law at the London School of Economics and Political Science and an Associate Academic Fellow of the Honourable Society of the Inner Temple. Her areas of expertise relate to the use of private law in international financial markets, including the post-crisis reform of the OTC derivatives markets. She has published widely on such topics, winning awards for both her research and teaching in this field. Before undertaking her doctorate, Jo practised as a solicitor in a City of London law firm, where she specialised in litigation.