ArticleDoes Gordon Ramsay Leave A Bitter Taste For Principals?Gordon Ramsay has been told he must honour a personal guarantee that was used to secure a pub in Regent's Park.United KingdomFinance and BankingFieldfisher
ArticleSecured Loans To Family MembersAs the cost-of-living crisis continues and increased mortgage rates thrive, it is not unusual for an individual to require some financial assistance from a family member in order to purchase a property.United KingdomFinance and BankingHerrington Carmichael LLP
ArticleUK Guarantee Scheme For Certain Securities Issued By Approved UK Banks And Building SocietiesOn October 13, 2008, the UK Government announced the details of its Credit Guarantee Scheme for approved UK incorporated banks and building societies (including UK subsidiaries of specified foreign institutions). United KingdomFinance and BankingSidley Austin LLP
ArticleAmerican Companies Seek Shareholder Engagement On Executive PayLast week the press reported that several US listed companies will be introducing self-regulating measures on executive pay. Generally, several companies are allowing their shareholders to have a non-binding vote on executive remuneration matters. Is this an all change to the style of US corporate governance?United KingdomCorporate/Commercial LawAllen & Overy
ArticleCan I Just Sign And Leave The Pages With You, For You To Date Later?The reporting of the decision in Re Armstrong Brands by the High Court created some confusion. Many reports appear to suggest that a former director can bind a company, even after he has resigned as a director. United KingdomCorporate/Commercial LawWedlake Bell LLP
ArticleDon’t Forget to File Form 42!Form 42 is causing alarm for many finance directors and company secretaries. What is Form 42? For a number of years, the Inland Revenue has been building up its own files on employee shareholdings in both public and private companies.United KingdomCorporate/Commercial LawRadcliffesLeBrasseur
ArticleUnfair Prejudice: Relief Possible Where Company Insolvent And Member Cannot BenefitWhere an investor in a joint venture company has invested not only by subscribing for shares but also by advancing loan capital, the investor may be granted relief from unfairly prejudicial conduct even though such relief will benefit the investor only as a loan creditor and not as a member.United KingdomCorporate/Commercial LawCMS Cameron McKenna Nabarro Olswang
ArticlePlatform Funding v Anderson & Associates LimitedIt was alleged that the defendant carried out a fraudulent mortgage valuation on a flat in Thamesmead.United KingdomCriminal LawMorgan Cole
ArticleSFO Use ‘Listed Asset' Provisions For The First TimeIt was announced on Wednesday that the Serious Fraud Office has recovered half a million pounds worth of jewellery from a safe deposit box under the listed asset provisions of the Proceeds of Crime Act 2002.United KingdomCriminal LawBCL Solicitors LLP
ArticleA Reminder Of The Benefits: Mortgage Rate Reduction In The Economic ClimateIn the ever-changing landscape of the British economy, mortgage rates play a crucial role in determining the affordability and accessibility of homeownership. In recent months...United KingdomFinance and BankingWright Hassall
ArticleAIFM Directive Bad For Economy, Investors And Hedge Fund Industry, Claims ReportA recent report by think tank Open Europe claims the EU Alternative Investment Fund Managers (AIFM) Directive will cost the hedge fund industry and hedge fund investors billions. United KingdomFinance and BankingFiners Stephens Innocent
ArticleAIM - The First XIAIM is 11 years old this month. It has enjoyed some outstanding publicity recently, which is no doubt one of the reasons why Deutsche Börse, NASDAQ, Euronext and Macquarie have been circling the LSE with interest. Some background might help to explain the phenomenon.United KingdomFinance and BankingSmith & Williamson
ArticleFinancial Regulation - In The Know: October 2025Our latest Consumer Finance regulation update highlights key developments in motor finance and retail insurance. The FCA, following the Supreme Court's Hopcraft and Johnson decision, is progressing with an industry-wide...United KingdomFinance and BankingAddleshaw Goddard
ArticleGood News for SMEs – Prospectus Exemptions RelaxedWith effect from 31 July 2011, the prospectus requirements will be amended to: increase the number of investors to whom an offer of securities may be made before a prospectus is required, from 100 to 150 investors .. United KingdomFinance and BankingMayer Brown
ArticleHome Movers Have A Spring In Their Step, Says The HalifaxIn recent BBC news, it has been reported that the stamp duty holiday put a ‘spring in the step' of home movers in March. This was according to the UK's biggest mortgage lenderUnited KingdomFinance and BankingKnights
ArticleIPO's - Happy New Year?Not long ago IPOs were the answer to many entrepreneur’s prayers – a listing on AIM was seen as a quick and efficient way to access funds allowing small and growing companies to expand quickly. United KingdomFinance and BankingDWF
ArticleRising Interest Rates Problematic For First Time BuyersFor first time home buyers, purchasing a home can be a daunting task. With the added pressure of rising interest rates, the process can become even more challenging. Interest rates have been...United KingdomFinance and BankingWright Hassall
ArticleScotland: Negative Discount Rate Expected As Damages Bill Passes Following AmendmentsThe Damages (Investment Returns and Periodical Payments) (Scotland) Bill has now passed, and changes to how the Discount Rate will be calculated and applied in Scotland will come into effect.United KingdomFinance and BankingClyde & Co
ArticleSEC Adopts New Rules To Replace Use Of Credit Ratings In Determining Eligibility For Forms S-3 And F-3Effective September 2, 2011, the Securities and Exchange Commission (the "SEC") will remove credit ratings as eligibility criteria for registra-tion statements on Forms S-3 and F-3 and replace them with new eligibility requirements, as required by Section 939A of the Dodd-Frank Wall Street Reform and Consumer Protection Act ("Dodd-Frank"). United KingdomFinance and BankingDechert
ArticleSecurities-backed Lending After Shukla v St James BankThe Commercial Court's decision in Shukla v St James Bank clarifies that non-recourse lending structures cannot eliminate a borrower's equity of redemption under English law. When a lender refused to cooperate with loan repayment and attempted to retain collateral based on technical defaults, the court struck down contractual provisions that sought to forfeit redemption rights and awarded substantial damages for breach of contract. United KingdomFinance and BankingWithers LLP