Articles

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Does the cap fit? Another challenge to the Arkin cap

United Kingdom - June 14 2021 We've previously written about Davey v Money and Ors [2019] EWHC 997 (Ch) (the 2019 Case), which demonstrated that the so-called 'Arkin cap' may not…

Directors in the spotlight: wrongful trading

United Kingdom - December 8 2020 Alongside the permanent reforms to English insolvency law introduced by the Corporate Insolvency and Governance Act 2020, the government introduced a…

Lending focus update

European Union - May 2 2019 Taylor Wessing's 'Lending Focus' series discuss a range of hot topics and market updates

Fiona Coady, Louis Dewfall, Lerika Joubert, Alistair Watson, Martin Yells

Contractual discretions, penalties and the trade finance sector

United Kingdom - December 12 2017 This case concerned a receivables financing agreement (the RFA) originally made between Leumi ABL Limited (Leumi) and Cobra Beer Ltd (Cobra) in…

NIDCO v Santander: Court of Appeal holds the line on standby letters of credit

United Kingdom - June 14 2017 Standby letters of credit (SBLCs) are common in international trade finance and as performance security in construction projects. An SBLC is issued…