Thomas Leyland
Dentons
Articles
Offer and acceptance "not the last word" in contract formation
United Kingdom - October 14 2021 As law students, we were taught that five key elements must be present for a contract to exist: (i) offer, (ii) acceptance, (iii) consideration, (iv)…
Know your limits: can you rely on your exclusion clause?
United Kingdom - July 29 2021 A recent Supreme Court judgment is the latest in a spate of decisions that address the often problematic area of exclusion and limitation of…
CFH Clearing v. Merrill Lynch International
United Kingdom - May 28 2019 The High Court has held that a bank was not obliged to reprice or cancel foreign exchange spot trades entered into at a time of severe market…
On what basis can a secured lender refuse consent to a disposal when its consent is "not to be unreasonably withheld"?
United Kingdom - May 8 2018 A contractual provision to the effect that a party's consent should not be unreasonably withheld is a familiar one. When will it be unreasonable to…
Ascertaining fair market value for "repo" trades under GMRA standard terms
United Kingdom - April 23 2018 In the recent decision in LBI EHF v. Raiffeisen Bank International AG [2018] EWCA Civ 719, the Court of Appeal has considered the close-out valuation…
