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In a recent article we discussed how, following the COVID-19 pandemic halting the Scottish residential property market for the first time in living memory, the market had experienced a resurgence...

The Financial Services Authority (<B>FSA</B>) is currently carrying out a fundamental review of the Listing Rules. On 8 October 2003 it published a consultation paper (<B>CP</B>) which outlined its proposals to reform the listing regime against the background of changes to be introduced by European legislation.

The Coronavirus pandemic has made many people re-think their living requirements over the past year. This in turn has led to a wildly changing housing market, for both buyers and renters.

In this article we explain what lies behind the ongoing SEC investigations and related US litigation in respect of allegations that certain directors of well known companies wrongly backdated stock options for their own benefit. We look at the nature of the liabilities to which these allegations may give rise and consider whether and to what extent directors of English companies may face similar problems. We also look briefly at the D&O coverage implications.

In the joined cases of Banco Santander SA v. Demba and another (Case C-96/16) and Cortes v. Banco de Sabadell SA (Case C-94/17), the European Court of Justice (ECJ) considered the application of the...

The latest consultation from BERR on shareholder rights looks to clarify some of the discrepancies in the Companies Act 2006 (the "Act") and to implement European legislation.

In the current cost of living crisis, divorcing couples are facing increasingly difficult choices regarding their living arrangements. As a result of higher inflation, mortgage rates are increasing...

With over 50% of the population in the United Kingdom owning a property, many are reliant on a mortgage to enable them to make this purchase.

Facilitating sustainable home ownership and enhancing access and flexibility for mortgage borrowers have been at the top of the government's growth agenda for financial services.

A certain secret agent regularly makes his appearance on the small and large screen.

UK lenders could develop new online tools to help consumers select the right mortgage product for them, the Financial Conduct Authority (FCA) has said.

The decision of the Inner House of the Court of Session in Swift Advances PLC v James Martin and others is another examination of that highly complex area of law – repossessions of residential property.

We begin with a summary of the current law on the continuing effect of a guarantee or a third party security where concessions, waivers or other indulgencies are granted under the underlying facility.

Recent UK tax reforms aim to standardize tax treatment between sharia-compliant and conventional home financing. The changes prevent capital gains tax on sharia-based refinancing and remove ATED liabilities for sharia-compliant financiers, promoting tax consistency and market competitiveness.

The Court of Appeal's decision in Glint Pay Ltd v Baker examines whether secured lenders can appoint administrators when their primary motive is a hostile takeover rather than debt recovery. This case explores the boundaries of legitimate enforcement action, particularly when a company remains solvent before acceleration, and considers whether an appointment made for a solely improper purpose can be challenged and set aside.

The implications of the COVID-19 pandemic continue to stretch companies to their limits and many may become overleveraged as they battle with revenue loss, rising borrowing costs and dwindling cashflows.

The ongoing saga of the Scottish Coal Company liquidation provides the background to East Ayrshire Council v Zurich Insurance [2014] CSOH 102.

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