588 results found

The decision reaffirms the willingness of the English court to enforce contractual provisions giving up valuable legal rights, provided the language used is sufficiently clear...

Wonga's collapse is arguably a victory for increased regulation, but deeper changes are still needed to protect the vulnerable

In October's GT Alert on non-bank lending, we focussed on whether there was a justification in banks being subject to regulatory capital requirements when non-bank financial institutions (NBFIs) were not.

This article examines a recurring issue in finance disputes: the demand for payment or service of an acceleration notice in circumstances where the borrower contends that the relevant contractual...

SFDR 1.0 has fundamentally reshaped the ESG landscape for private capital managers since it came into force in 2021.

In February of this year, the International Emissions Trading Association ("IETA") published a comprehensive set of standardised agreements for the sale and purchase...

In recent research into the office and retail sector, AEW estimated that investors could expect to meet or exceed their required returns between now and 2030 in nearly 80% of European markets...

The UK economy has been hit by a series of significant shocks in recent years: a change in the trading relationship with the EU, the fallout from the COVID-19 pandemic, widespread inflation, an increase...

Portability has been available in European leveraged debt markets for some time. On the high yield side, it has appeared in over 70% of sponsored deals every year since 2023. Less frequently seen in loans, syndicated TLB...

Here is a snapshot of our white paper.

Presumably everyone is tired of hearing about COVID-19.

On 1 July, the Court of Appeal overturned the High Court's decision1 to sanction the restructuring plans proposed by two Petrofac group companies as they did not consider that...

This article explores some key factors a bridging lender may consider when deciding whether to enforce its security, as well as the main methods of enforcement available to lenders.

As we have previously discussed, the UK Financial Services Authority (the "FSA") signalled a sea change in the way retail financial products will be regulated in the UK in its Discussion Paper on product intervention published in January 2011 (the "Discussion Paper").

Silicon Valley Bank (UK) Ltd (SVB UK) has been acquired in a £1 share acquisition by HSBC, one of the world's largest banking and financial services institutions.

Private credit lenders face a new reality as U.S. distressed borrowers increasingly turn to English restructuring tools to reorganize New York law-governed debt outside of Chapter 11. Recent cases demonstrate how Schemes of Arrangement and Restructuring Plans can bind dissenting creditors, reduce minority creditor influence, and potentially circumvent the absolute priority rule. Understanding these cross-border mechanisms has become essential for lenders navigating modern restructuring dynamics.

This article focuses on the key issues arising out of the Prospectus Directive for SPVs or investment banks issuing listed derivatives under a programme. How are derivatives treated under the Directive? The Directive distinguishes between equity and non-equity securities. Derivatives, even if relating to underlying equities, would be non-equity securities for this purpose (unless the securities and underlying equities are both issued by the same entity, or entities in the same group).