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US$850 Islamic finance dispute continues to attract market interest.

Following the recent hearing before Leggatt J (see here) the judgments upholding BlackRock’s claim for declarations that English law governed transaction documents and valid and enforceable in accordance with their terms and granting an anti-suit injunction to restrain proceedings in Sharjah are now available (see here and here). The Claimant has applied to the Court of Appeal for permission to appeal, which BlackRock resists.

The case continues to attract considerable market interest (see e.g. here)

Robert Anderson QC and Andrew Scott (instructed by Weil Gotshal & Manges (London) LLP act for BlackRock