Michael Clark

Clyde & Co LLP

Articles

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Court rules that a lender owes a duty of confidentiality to its borrowers, and should be held liable for damages in the event that such a duty is breached

United Kingdom - October 22 2014 Primary Group Limited (Primary) entered into a loan facility (“the Agreement”) with the Royal Bank of Scotland (RBS) in 2006. During initial…

Paul Friedman, Anna Myrvang, Danielle Rodgers, Conrad Walker.

Arbitration news - LCIA arbitration rule update 2014

Global - October 22 2014 The LCIA has released new LCIA Arbitration Rules for the first time in 15 years. These rules took effect in October 2014. Many of these amendments…

Paul Friedman, Anna Myrvang, Danielle Rodgers, Conrad Walker.

Commercial Court refuses to strike out as time-barred a claim for negligent misselling of an interest rate hedging product.

United Kingdom - October 22 2014 The claimant was a family-run company which operated a country house hotel. In 2005 it entered into a loan agreement with the defendant bank to…

Paul Friedman, Anna Myrvang, Danielle Rodgers, Conrad Walker.

Court of Appeal considers meaning of “commercially reasonable manner”

United Kingdom - October 22 2014 This case addressed the construction of a clause requiring a party to make a determination in a “commercially reasonable manner” in relation to an…

Paul Friedman, Anna Myrvang, Danielle Rodgers, Conrad Walker.

Regulatory news - Serious Fraud Office investigating Forex rigging

United Kingdom - October 22 2014 On 21 July 2014, the Serious Fraud Office (SFO), which has been collecting information over the past few months, opened a criminal investigation into…

Paul Friedman, Anna Myrvang, Danielle Rodgers, Conrad Walker.