Key legal question
Whether the Zurich courts had jurisdiction despite the defendant's objection based on consumer jurisdiction under Lugano Convention.
Extracted holding
The Zurich courts remained competent; the case was not shown to be a consumer matter under Art. 15(1)(c) LugÜ.
Extracted reasoning
The defendant failed to prove that the bank had carried on or targeted activities in Germany at the relevant time in 1987/1994. The existing jurisdiction clause therefore remained effective.