Oral modification of ISDA Master Agreement permitted (High Court)
Resource type: Legal Update: Case Report
Published on 29-Dec-2009
In AS Klaveness Chartering v Pioneer Freight Futures Co Ltd & Anor  EWHC 3386 (Comm), the High Court decided that an oral agreement between two parties constituted an oral collateral agreement, which had the effect of amending the terms of an ISDA Master Agreement.
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