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Article

Jones Day | United Kingdom | 14 Apr 2011

Performance bonds: a chink in the armour?

Described as the "life-blood of international commerce", irrevocable payment obligations undertaken by banks through the issue of performance bonds appear potentially less immune from interference by the courts following the Technology and Construction Court's ruling in Simon Carves Ltd v Ensus UK Limited.

Article

Jones Day | USA, United Kingdom | 13 Aug 2010

The handling of material nonpublic information in the U.S. and U.K. loan markets

Institutions that maintain loan portfolios through origination or acquisition or engage in other activities that generate credit exposures ("loan market participants" or "LMPs") very often have access to (or are deemed to have access to) confidential information that may include material nonpublic information ("MNPI").

Article

Jones Day | USA | 17 Mar 2010

Automotive alert: appellate court rejects oral dealership claim

A recent appellate decision rejected claims related to an alleged oral promise to appoint a dealership.

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