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Sign of the Times
  • Spratt Endicott Solicitors
  • United Kingdom
  • September 19 2017

A recent High Court decision has highlighted the issue of bank mandates being signed by only one party in the context of a partnership. In Kotak v

No assets required for validity of floating charge
  • Shoosmiths LLP
  • United Kingdom
  • September 5 2017

In Saw v Wilson, the Court of Appeal held that a second ranking floating charge would be valid and enforceable, even if at the time it was created

Dealing on a party’s standard terms and conditions? Remember UCTA
  • Charles Russell Speechlys
  • United Kingdom
  • August 30 2017

The Court of Appeal has recently upheld a High Court summary judgment that a syndicate of lenders who used industry standard terms as a starting point

UCTA: Dealing with written standard terms of business
  • United Kingdom
  • August 21 2017

The Court of Appeal has recently held that parties, which negotiated a loan agreement based on a model form, were not dealing on written standard

Challenge to contractual collection fees upheld
  • Hill Dickinson LLP
  • United Kingdom
  • August 16 2017

In the case of BHL -v- Leumi ABL Limited the High Court has found against Leumi ABL Limited, the lender of an invoice discounting facility, and held

Tax Talk - Volume 10, No. 2 August 2017
  • Morrison & Foerster LLP
  • European Union, United Kingdom, USA
  • August 11 2017

With the failure of health care legislation to “repeal and replace” the Affordable Care Act, eyes in Washington, D.C. are now turning to tax reform

Court finds Bank owes an “intermediate” duty to retail customer in relation to switch to fixed rate loans
  • Clyde & Co LLP
  • United Kingdom
  • August 7 2017

In Thomas v Triodos Bank (2017) the claimants owned a farming business and, in 2008, became concerned about the potential for interest rates to rise

Interchange fees - returns or recoveries?
  • European Union, United Kingdom
  • August 4 2017

Interchange fees are paid by merchant acquirers to card issuers as a percentage of each and every credit and debit card transaction. Acquirers pass

Key Regulatory Topics: Weekly Update - 21 July 2017 - 27 July 2017
  • Allen & Overy LLP
  • European Union, United Kingdom
  • July 28 2017

On 24 July, the HoL EU Financial Affairs Sub-Committee published a call for evidence announcing it is launching an inquiry into financial regulation

Oil and Gas: An Inel-UCTA-ble Consideration for Exclusion Clauses
  • CMS Cameron McKenna Nabarro Olswang LLP
  • United Kingdom
  • July 25 2017

The arguments concerning the applicability of an exclusion clause in the face of extreme conduct by the party relying on that clause are familiar to