In turn this led to numerous wagering contracts being entered into.
2.
Would adding an additional layer of invalidity through being a wagering contract have affected that conclusion?
3.
But because they were made for a commercial purpose, they are not void as wagering contracts ."
4.
However, having touched upon the relevant legal analysis, Hobhouse J abruptly stopping, and stated that having held that the swaps were not gaming or wagering contracts, he was not going to answer the third question on a hypothetical basis.