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Corporate Trustees and Cash Managers: can historic miscalculations and underpayments be an Event of Default?
  • Bryan Cave LLP
  • United Kingdom
  • April 28 2016

We now have the English High Court’s first judgment concerning the position of Class X Notes in a CMBS structure. The rights of the Class X Notes in

Windermere VII Class X Claim Dismissed by High Court
  • Squire Patton Boggs
  • United Kingdom
  • April 25 2016

In an important decision of the Financial List of the High Court, on 8 April 2016 Mr Justice Snowden rejected claims by the "Class X" noteholder of

X-tra X-tra read more about it! First English Court Ruling on Class X Notes in European CMBS
  • Reed Smith LLP
  • United Kingdom
  • April 21 2016

As outlined in our previous blog, X-tra, X-tra, Real All About It! published on Friday 8 April, Mr Justice Snowden handed down judgment of the High

X-tra, X-tra, Read All About It!
  • Reed Smith LLP
  • United Kingdom
  • April 8 2016

Mr Justice Snowden has handed down judgment of the High Court in the much anticipated Windermere VII Class X Notes dispute. For those of you who

Market Awaits English Court Rulings on CMBS Claims
  • Squire Patton Boggs
  • United Kingdom
  • February 29 2016

April is set to be a busy month in the English courts for the CMBS community, as five cases come to trial in the High Court in London. Four of those

Court of Appeal finds for defendant valuers in Titan v Colliers
  • Clyde & Co LLP
  • United Kingdom
  • February 2 2016

In November 2015, the Court of Appeal overturned in Titan Europe 2006-3 plc v Colliers International UK plc (In liquidation) 2015 EWCA Civ 1083 the

Property valuation duties and valuers' margins of error
  • Buddle Findlay
  • United Kingdom
  • December 14 2015

In Titan Europe 2006-3 Plc v Colliers International UK Plc the UK Court of Appeal heard an appeal by Colliers against a decision of the High Court

A question of some interest
  • Taylor Wessing
  • United Kingdom
  • November 19 2015

If a suite of finance documents does not specify whether realisations should be treated as principal or interest a Court will make the decision for

Video: contractual interpretation in structured finance transaction disputes
  • Berwin Leighton Paisner LLP
  • United Kingdom
  • November 12 2015

With a difficult economic environment over the last six or seven years, structured finance deals have been subjected to stresses and strains that

Legal update - Titan v Colliers
  • Clyde & Co LLP
  • United Kingdom
  • November 10 2015

On 3 November 2015, the Court of Appeal handed down judgment in the Titan v Colliers case, overturning the High Court's finding that Colliers