Dexia Sues Italian Region Again Over Crisis-Era Swaps

By Silvia Martelli (October 12, 2021, 4:59 PM BST) -- Dexia has sued a province of Italy as it seeks to enforce the terms of an agreement to restructure the province's debts, the latest in a series of disputes between the Italian bank and the region's authorities over the controversial swaps.

Dexia Crediop SpA has hit Brescia with a derivatives claim at the High Court, seeking declarations that two interest rate swap transactions are valid under Italian law.

The bank also wants to enforce a 2017 settlement it reached with Brescia following an earlier round of litigation over the swaps that started when the northern region launched a new lawsuit in...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!