BRITISH ENERGY POWER AND TRADING LTD AND OTHERS v CREDIT SUISSE AND OTHERS

[2008] Lloyd's Rep. Plus 19

COURT OF APPEAL

Before Sir Anthony Clarke MR Lord Justice May and Lady Justice Hallett

Option agreements – Assignment of rights under sub-participation agreements by holders of options – Assignments prohibited by option agreements – Whether prohibition on assignment binding on all parties to the option agreements – Effect of assignment – Whether prohibition on assignment contrary to public policy.