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Bank guarantees: "primary obligor" wording does not create a demand bond
- Edwards Wildman Palmer LLP
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- United Kingdom
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- June 29 2012
Guarantees of performance are often required in commercial transactions
FCA prosecutes a former mortgage broker for breach of the general prohibition
- Edwards Wildman Palmer LLP
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- United Kingdom
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- May 10 2013
On 29 April 2013, Michael Joseph James Lewis (a former mortgage broker) appeared at Medway Magistrates Court to face criminal charges brought against
Prepayment fees: mandatory or voluntary?
- Edwards Wildman Palmer LLP
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- United Kingdom
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- August 15 2012
It is common practice for lenders to stipulate for a fee where a transaction is repaid earlier than its contractual due date
Solvency II and the Bailey letters why here? Why now?
- Edwards Wildman Palmer LLP
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- United Kingdom
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- May 28 2013
On 30 April 2013, Andrew Tyrie, Chair of the UK's Parliamentary Commission on Banking Standards and the UK's Treasury Committee, published his
Failure to disclose proves a costly mistake
- Edwards Wildman Palmer LLP
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- United Kingdom
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- May 12 2010
Whilst the case of Earles v Barclays Bank 2009 EWHC 2500 (QB) does not establish any groundbreaking precedent, it provides an important reminder to civil litigants, and their lawyers, that the way in which they conduct their preparation for a case can significantly affect the financial outcome of that case
Barclays to face first LIBOR trial in October 2013
- Edwards Wildman Palmer LLP
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- United Kingdom
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- November 19 2012
D&O carriers and brokers will want to keep October 2013 on their calendars
Court of Appeal holds bank not liable for losses arising from alleged breaches of its statutory duty
- Edwards Wildman Palmer LLP
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- United Kingdom
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- February 14 2013
In Zaki & Ors v Credit Suisse (UK) Ltd 2013 EWCA Civ 14, the Court of Appeal upheld the decision of the High Court in finding that Credit Suisse
FSA continues charge against mis-selling of PPI
- Edwards Wildman Palmer LLP
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- United Kingdom
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- January 3 2013
In Ollerenshaw and Reeh v the Financial Services Authority (the FSA), former directors of the Black and White Group Limited (in liquidation) (B&W
HM Treasury outlines framework for FCA regulation of consumer credit
- Edwards Wildman Palmer LLP
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- United Kingdom
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- March 20 2013
The UK Government has announced plans to transfer consumer credit regulation to the Financial Conduct Authority (FCA) in April 2014, when the current
FSA confirms FCA approach to using Temporary Product Intervention Rules
- Edwards Wildman Palmer LLP
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- United Kingdom
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- March 27 2013
On 25 March 2013, the UK's Financial Services Authority (FSA) published a Policy Statement which confirms that the Financial Conduct Authority (FCA
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