Banking and finance law

Brochure Disclaimer prevents Negligent Misstatement Claim

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The Supreme Court has overturned a High Court decision that allowed a property developer to claim €350,000 in damages for negligent misstatement after he relied on incorrect information from Jones Lang LaSalle, an estate agent. More …

Floating Charge

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Charges over goods can be either fixed or floating. It is the substance of the charge, rather than how it is labelled, that will determine in which camp it sits. More …

LIBOR

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The transition away from LIBOR will take time, but will be less risky and less expensive if it is planned and orderly rather than unexpected and rushed." More …

Bills of sale

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A bill of sale is used as a form of security over personal chattels as it creates a conditional transfer of those chattels as security for debt. The effect of a bill of sale is that it transfers title to the lender for the period that the underlying debt is outstanding, not how long the bill of sale exists. More …

Dual Instructions

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The Solicitors Regulatory Authority or SRA sets out the rules of conduct for solicitors and who they are allowed to act for and who they cannot. We take a look at dual instructions in the context of a banking and finance More …

The New Insolvency Regime for the Further Education Sector

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The Technical and Further Education Act 2017 (“2017 Act”) introduced a new statutory insolvency regime for further education and sixth form colleges ("FE bodies") proposing similar arrangements to those implemented for other public service providers. More …

Friday afternoon fraud on property transactions

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Fraudsters target property transactions being processed by accessing email accounts and diverting money to their bank account. The ruse is dubbed “Friday afternoon fraud” as criminals typically target transactions being processed before the weekend. Find out how you can protect yourself from this scam. More …

An Islamic Brexit?

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Article 50 has been triggered. So we are now on a countdown to leaving the EU. But what is Brexit likely to mean for those engaged in Islamic Finance here in the UK? More …

Natwest automated loan approval

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NatWest announced plans to launch a new automated lending process that aims to provide credit-approved decisions in as little as 45 minutes. But what does this mean for the future of banking? More …

Is the (Stevens) force with you?

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Whatever the final details are, the suggestion that there may be some whole health economy rather than single provider financial budgeting next year is truly radical and much needed. More …