We use cookies to customise content for your subscription and for analytics.
If you continue to browse Lexology, we will assume that you are happy to receive all our cookies. For further information please read our Cookie Policy.
In cooperation with Association of Corporate Counsel
  Request new password

Search results

Order by most recent / most popular / relevance

Results: 1-10 of 1,242

UK Supreme Court clarifies allocation of prepayment premiums for debt traders

  • Schulte Roth & Zabel LLP
  • -
  • United Kingdom
  • -
  • April 20 2015

Following High Court and Court of Appeal decisions, the UK Supreme Court ('Supreme Court') in Tael One Partners Limited v. Morgan Stanley & Co

A cautionary Tael Supreme Court decision on LMA secondary trade documents Tael One Partners Limited v Morgan Stanley co international plc

  • Herbert Smith Freehills LLP
  • -
  • United Kingdom
  • -
  • April 16 2015

The Tael case concerns LMA secondary trading documentation, and specifically the allocation of a payment premium between the buyer and seller. After

No duty to obtain the best price reasonably obtainable on forcing sale of asset

  • Taylor Wessing
  • -
  • United Kingdom
  • -
  • April 14 2015

An English Court decides a bank selling security need not wait to see if there is a chance of a potentially higher bidder making a firm offer where

Ability to “modify” loan notes no implied obligation to make amendments in good faith

  • Macfarlanes LLP
  • -
  • United Kingdom
  • -
  • April 10 2015

In Myers and another v Kestrel Acquisitions Ltd (Kestrel) and others 2015 EWHC 916 (Ch) the High Court was not willing to imply a term of good

Success fees in banking transactions

  • Taylor Wessing
  • -
  • United Kingdom
  • -
  • April 9 2015

A success fee provision contained in a suite of Finance Documents even one which triggers a very substantial payment will not be a penalty if it

Bank had an obligation to fund both acquisition and development of property

  • Taylor Wessing
  • -
  • United Kingdom
  • -
  • April 9 2015

The Supreme Court decided that a bank that made statements about its willingness to fund both the acquisition and development of a property could not

Surveyors’ PI: successful application of “but for” test in assessing causation of loss

  • CMS Cameron McKenna
  • -
  • United Kingdom
  • -
  • April 8 2015

After a stream of successes for lenders in valuation claims against valuers in recent times, the recent success for a valuer in an application for

A phone call led to a legally binding contract, Carlyle v RBS reaches the Supreme Court

  • Burges Salmon LLP
  • -
  • United Kingdom
  • -
  • April 8 2015

In a phone call, the Bank said "You'll be please to know it's all approved, Edinburgh are going for it for both houses…." On the back of that

Mauri Garments Trading and Marketing Ltd v Mauritius Commercial Bank Ltd 2015 UKPC 14

  • Rosling King LLP
  • -
  • United Kingdom
  • -
  • April 7 2015

This decision of the Privy Council confirms that the contractual arrangements between two parties are separate and distinct from any contractual

Assessing loss when a loan has been fully redeemed

  • Bond Dickinson LLP
  • -
  • United Kingdom
  • -
  • April 2 2015

In the recent case of Tiuta International Ltd (in liquidation) v De Villiers Surveyors Ltd, the High Court granted summary judgment in favour of