Sep 25, 2020 ‘Portability’ of leveraged debt facilities – a trend for the future? By Malcolm Hitching Yesterday, the FT published an article highlighting the recent trend for lenders to agree to the inclusion of ‘portability’ language in...
Sep 24, 2020 SFO uses its first listed asset order By Neill Blundell James Reid On Wednesday the Serious Fraud Office (SFO) announced that it had used its first listed asset order (LAO) to seize £500,000 of jewellery,...
Sep 24, 2020 Are supermarkets the saviours of finance for the retail sector during Covid-19 and beyond? By Laura Uberoi McKinsey & Company have recently published a sector by sector report highlighting the impact of the Covid-19 pandemic. One of their...
Sep 24, 2020 Paying for the pandemic: EU targets corporate taxes By Gregory Price It is interesting to read today that the EU Commission draws a direct link between the EU's €750bn recovery fund and a desire that member...
Sep 24, 2020 Failure of a scheme of arrangement: sanction should not be taken for granted By Timothy Bromley-White The case of Re Sunbird Business Services Limited [2020] EWHC 2493 (Ch) is a salutary reminder that the court will not simply rubber stamp...
Sep 22, 2020 Are we about to see a resurgence of P2Ps? By Macfarlanes 2019 was a bumper year for P2Ps, with over 30 deals including landmark transactions such as Thoma Bravo’s £3bn offer for Sophos Group...
Sep 21, 2020 Check your privilege By Oli Bowley Nikolas Ireland In a judgment handed down on 11 September in PJSC Tatneft v Bogolyubov & Ors [2020] EWHC 2437 (Comm), Mrs Justice Moulder held that legal...
Sep 18, 2020 A budding industry: the FCA considers the listing of cannabis companies By Neill Blundell Max Hobbs The Financial Conduct Authority (FCA) has published a short but welcome statement setting out its position on the listing of...
Sep 18, 2020 Current and future regulatory landscape for AI and machine learning in the investment management sector By Macfarlanes On Tuesday this week, Mark Lewis, senior consultant in IT, fintech and outsourcing at Macfarlanes, took part in an event hosted by The...
Sep 17, 2020 European Commission launches inception impact assessment of ELTIF review By Samuel Brooks Tiffany Cox Further to our post in June, the European Commission (Commission) has commenced its review of the regulatory framework of the European...
Sep 15, 2020 Judgment handed down in FCA Business Interruption test case: FCA reports that it largely favours policyholders By Alexander Cibulskis Update - read our longer article reflecting on the judgment and its implications hereThis morning the High Court handed down its judgment...
Sep 14, 2020 (Anti)-money laundering? The FCA has brought 0 AML prosecutions in 2020 By Neill Blundell Max Hobbs A new Freedom of Information Act request served on the Financial Conduct Authority (FCA) has revealed that so far in 2020 the FCA has...
Sep 11, 2020 Corporate criminal offence - three years on By Jeremy McCallum It’s now three years since the Criminal Finances Act and the birth of the corporate criminal offence (CCO) - the offence of failing to...
Sep 11, 2020 Where is there a will? The Government finds a way… a.k.a. how to be “present” in spirit By Edward Reed It is a reasonably well-known challenge of making an English will that the testator or testatrix must sign “in the presence of” two...
Sep 04, 2020 EU securitisation – reporting templates published By Edward Karsten Richard Fletcher Jamie Macpherson Ryan Moore +1 more... Show less Following a long wait for certainty as to the position of reporting in public and private securitisations, the ESMA reporting templates...