Marinari v Lloyds Bank Plc (Zubaidi Trading Co intervener)

Subject Matter

PRACTICE — Stay of proceedings — Jurisdiction under European Convention — Arrest of plaintiff after promissory notes lodged with bank established in member state — Action against bank in different member state for consequential financial loss allegedly suffered there — Whether courts of second state having jurisdiction under Convention — Whether “place where the harmful event occurred” extending to place where consequential loss allegedly suffered — Civil Jurisdiction and Judgments Act 1982, Sch 1, art 5(3)

(Case C-364/93); EU:C:1995:289; [1996] QB 217; [1996] 2 WLR 159, ECJ