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  • Article

    Zombie Companies - The Infection Spreads

    Zombies – they may remind you of the slow walking mindless undead of many a horror film but the term is increasingly cropping up in relation to thousands of companies.
    United KingdomCorporate/Commercial Law
    Smith & Williamson
    Smith & Williamson
  • Article

    Considerations For Transitioning Floating Rate Commercial Mortgage Loans Away From LIBOR

    As 2021 quickly approaches, market participants are well on their way toward addressing the IBOR transition issues specific to their product portfolios.
    United KingdomFinance and Banking
    Mayer Brown
    Mayer Brown
Article

Court Endorses "Bifurcated Process" In A Representative Action Under CPR 19.8

The summary judgment decision of the High Court in Barclays Bank UK PLC v Terry & Anor [2023] EWHC 2726 (Ch) is an example of bifurcated proceedings in a representative action...
United KingdomFinance and Banking
Norton Rose Fulbright Hong Kong
Norton Rose Fulbright Hong Kong
  • Article

    Landmark UK Court Of Appeal Ruling On Negligent Valuation Case

    The UK Court of Appeal recently handed down its decision in Tiuta International Ltd (in liquidation) v De Villiers Surveyors Ltd, where the question before the Court was whether a lender could recover all its loss from a negligent valuer in connection with a refinance loan or if the lender was limited to the amount lost in topping up the original loan.
    United KingdomFinance and Banking
    Mason Hayes & Curran LLP
    Mason Hayes & Curran LLP
  • Article

    Lights Out For LIBOR By 2021

    On July 27 of this year, Andrew Bailey, chief executive of the FCA, delivered a speech in which he questioned the sustainability of LIBOR in its current form.
    United KingdomFinance and Banking
    Ropes & Gray LLP
    Ropes & Gray LLP
  • Article

    Making The Shift Towards Ethical Banking

    Banks were cast as the villain of the piece in the so-called ‘Great Recession' of 2007–2009, the last downturn to hit our economy before the coronavirus pandemic.
    United KingdomFinance and Banking
    Shepherd and Wedderburn
    Shepherd and Wedderburn
  • Article

    Mayer Brown Advises Imperial Innovations Group plc on Innovative Rights Issue and Warrant Issue

    AIM-quoted Imperial Innovations has raised approximately £140 million through a rights issue to shareholders and innovative warrant issue to major shareholders.
    United KingdomFinance and Banking
    Mayer Brown
    Mayer Brown
  • Article

    Mortgage Set Aside For Undue Influence But Lender Still Entitled To Possession Pursuant To Its Equitable Charge

    The recent case of Santander UK PLC v. (1) Ashley Shaun Fletcher and (2) Paula Denise Fletcher [2018] EWHC 2778 (Ch) ...
    United KingdomFinance and Banking
    Dentons
    Dentons
  • Article

    NatWest Market v CMIS Nederland (2025): Understanding The Difference Between Indemnities And Guarantees

    Disputes regarding the application and purpose of guarantees and indemnities in contractual agreements frequently emerge in English courts
    United KingdomFinance and Banking
    Barnes Law
    Barnes Law
  • Article

    New global note structure and eligible collateral

    From 30 June 2006, international bearer debt securities issued by certain issuers which are intended to be recognised as "eligible collateral" for the purposes of Eurosystem monetary policy and intra-day credit operations will, amongst other things, be required to be issued pursuant to what is known as the New Global Note structure.
    United KingdomFinance and Banking
    CMS Cameron McKenna Nabarro Olswang
    CMS Cameron McKenna Nabarro Olswang
  • Article

    No Duty To Advise On Onerous Terms Of A Loan

    The fees payable to FC for the provision of its services comprised a non contingent fee of £15,000 and a contingent fee of 2% of successfully raised funds.
    United KingdomFinance and Banking
    Fieldfisher
    Fieldfisher
  • Article

    Ratification Of The Cape Town Convention By The UK

    The UK ratification of the Cape Town Convention and Aircraft Protocol (together the "Convention") came into force on 1 November 2015.
    United KingdomFinance and Banking
    Fieldfisher
    Fieldfisher
  • Article

    Richer Accredited Investors

    If, as expected, President Obama signs the Dodd-Frank Wall Street Reform and Consumer Protection Act (the "Act") into law, one provision that will go into effect immediately upon enactment and with no notice period affects all those issuing securities in private placements in the United States in reliance on Regulation D, by effectively raising the accredited investor net worth standard for natural persons.
    United KingdomFinance and Banking
    Dechert
    Dechert
  • Article

    Salvage Before The High Court – Evidence And Procedure; Principles And Practice Keynvor Morlift Ltd v Kuzma Minin, ("The Kuzma Minin") [2019] EWHC 3557 (Admlty)

    This was a rare example of a salvage case before the High Court. It arose from an application for default judgment by the salvors (a local consortium of maritime service providers which salved the Vessel – which had grounded ...
    United KingdomFinance and Banking
    Quadrant Chambers
    Quadrant Chambers
  • Article

    Shared Appreciation, Unshared Burden: The Ethical Failure Of Bank Of Scotland And Barclays Bank

    For nearly three decades, a large group of mostly elderly and vulnerable mortgage holders have endured the consequences of a financial product that promised security but delivered profound hardship.
    United KingdomFinance and Banking
    Teacher Stern LLP
    Teacher Stern LLP
  • Article

    Suing For Book Debts After Assignment: Who Can Bring Proceedings?

    The subject of who can sue for book debts following their assignment was recently addressed by the Court of Appeal in the case of Bexhill (UK) Ltd v Razzaq [2012] EWCA Civ 1376.
    United KingdomFinance and Banking
    Fieldfisher
    Fieldfisher
  • Article

    UK Emissions Reduction Schemes – An Update For Property Lenders

    Whenever a domestic or commercial property is built, sold or rented, the owner must commission an Energy Performance Certificate.
    United KingdomFinance and Banking
    Dentons
    Dentons
  • Article

    When Is A House A Home?

    In Royal Bank of Scotland plc v Mirza [2017] the Sheriff Appeal Court considered arguments relating to the application of the pre-action requirements incumbent upon secured lenders...
    United KingdomFinance and Banking
    MacRoberts
    MacRoberts
  • Article

    Debt Respite Scheme Regulations 2020 – More Protection For Individual Debtors

    The Debt Respite Scheme (Breathing Space Moratorium and Mental Health Crisis Moratorium) (England and Wales) Regulations 2020 (the "Regulations") come into force on the 4 May 2021...
    United KingdomInsolvency/Bankruptcy/Re-Structuring
    PDT Solicitors
    PDT Solicitors
  • Article

    Can A Warranty Be Better Than An Indemnity?

    In Learning Curve (NE) Group Ltd v Lewis [2025] EWHC 1889 (Comm) the High Court found that a buyer's right to bring a claim under an indemnity did not preclude a claim for breach of warranty.
    United KingdomLitigation, Mediation & Arbitration
    Teacher Stern LLP
    Teacher Stern LLP
  • Showing 141–160 of 614 results

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