Greek haircut claim is exempt from Brussels I, CJEU advocate general says
Pliers squeezing a Greek Euro coin (Credit: iStock.com/Anze_Bizjan)
An advocate general of the European Court of Justice has gone against the tide of recent European jurisprudence, finding that the Brussels I Regulation on jurisdictional rules for EU courts does not apply to an Austrian national’s claim against Greece over bonds exchanged in its 2012 sovereign debt restructuring.
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