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Results: 1-10 of 807

Court of Appeal rejects challenge to the compensation scheme for former shareholders of Northern Rock

  • Herbert Smith Freehills LLP
  • -
  • United Kingdom
  • -
  • August 24 2009

The Court of Appeal has given judgment in R (SRM Global Master Fund LP) v Commissioners of Her Majesty's Treasury 2009 EWCA Civ 788

Survival of the guarantee

  • Wragge & Co LLP
  • -
  • United Kingdom
  • -
  • August 20 2009

A varied guarantee increasing the guarantors' liability could not be relied upon where it had not been executed

Charging order survives bankruptcy

  • Wragge & Co LLP
  • -
  • United Kingdom
  • -
  • August 20 2009

The making of a bankruptcy order alone will not deprive a judgment creditor of a final charging order where it is obtained before the bankruptcy order is made

Enforcement of undertaking to redeem charge

  • Wragge & Co LLP
  • -
  • United Kingdom
  • -
  • August 20 2009

A vendor's solicitor is required to comply with an undertaking to redeem charges over their client's property, notwithstanding that the sum due under the charges is double the purchase price

JPMorgan Chase Bank v Springwell Navigation Corporation, Part 2 - contractual provisions: their effect on the banker's duty to advise

  • Jones Day
  • -
  • United Kingdom
  • -
  • January 15 2009

In this second part of a series of commentaries on particular aspects of the recent judgments of the English Court in JPMorgan Chase Bank v Springwell Navigation Corporation 2008 EWHC 1186 (Comm) and 2008 EWHC 1793 (Comm), detailed consideration is given to the various terms of the principal contractual documents upon which Chase relied (the "Relevant Provisions"), as contained within the MFA terms and conditions, the DDCS Letters, the GKO documentation, the GMRA, and relevant confirmations

A recent decision illustrates the importance of document retention for businesses

  • RPC
  • -
  • United Kingdom
  • -
  • May 23 2007

Mr Stubbs appealed against his conviction for conspiracy to defraud arising out of unauthorised transfers of £11.8m made whilst he worked as a password reset clerk on a bank's online banking system

Mortgage extinguished by time

  • Wragge & Co LLP
  • -
  • United Kingdom
  • -
  • May 23 2007

The bank took a charge on the borrowers’ property

No adjournment of possession proceedings

  • Wragge & Co LLP
  • -
  • United Kingdom
  • -
  • January 21 2009

If there is no reasonable prospect of a mortgage debt being discharged within a reasonable time, the court can refuse to adjourn possession proceedings

Service provisions

  • Wragge & Co LLP
  • -
  • United Kingdom
  • -
  • August 20 2009

A solicitor's fax number on its headed notepaper of itself should not be taken as confirmation that service of a claim form can take place by fax

The High Court considers the impact of breaches by a solicitor of money laundering regulations

  • RPC
  • -
  • United Kingdom
  • -
  • June 15 2007

In The Attorney General for and on behalf of the Republic of Zambia v Meer Care & Desai (a firm) and Others, the High Court ruled that it would have little sympathy for solicitors who failed to adhere to money laundering regulations if allegations of dishonesty were subsequently made against them

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