Tetyana Nesterchuk: Unlocking the use of Russian Central Bank assets: is collateralisation the answer? (295)
Features
Louise Gullifer: Non-notification receivables financing: can the assignor sue without joining the assignee? (299)
Jeremy Duffy, Tom Falkus, Richard Lloyd, Sherri Snelson, Samantha Richardson: Fund finance and sustainability: new guidance on the application of the SLLPs (303)
Christopher Boardman, Tom Beasley: Pitfalls with board resolutions authorising loan facilities (306)
Daniel Lightman, Reuben Comiskey: The rule in Clayton’s Case: its application in non-banking relationships (309)
Brie Stevens-Hoare: Delivering valid notices of assignment: s 136 in 2024 (312)
Matthew Parker: Does the restoration of Crown preference mean that guarantors can get off the hook? (316)
Emmar Radmore, Natalie Caple: Joining the dots: a wider use for AML e-verification tools? (319)
Nicholas Broomfield: A mortgagee’s accountability for mortgage valuations following Shokrollah-Babaee v EFG Private Bank (321)
Angela Batterson: The dynamics of insurers as lenders in the NAV market (325)
Charles Kerrigan, Charlotte Bellamy: Artificial intelligence in syndicated lending (327)
Sam Roberts: Channel Islands and statutory fences: obtaining evidence for use overseas (333)
Paul Ferguson, Karl Clowry, Harriet Territt, Aziz Abdul: Going cashless: the treatment of cryptoassets in insolvency proceedings (335)
Caroline Dawson, Paul Ellison, Sara Evans: Enhancing trust in ESG ratings: welcome moves to fix the ecosystem (337)
In Practice
Laura Smith: Rated subscription lines: bringing fund governing documents and finance documents into focus (341)
Jon Ford, Michael Tan: CP24/2: a comparison with other International Financial Centres (343)
Lee Harding, Prag Sivaguru: Culture and D&I in Financial Services: the latest reforms to shift the dial (344)
Lu’ayy Minwer Al-Rimawi: The critical importance of “Shariah compliance” in the Islamic financial services industry: the UK’s need for jurisprudential clarity (346)
John Jarvis, Gretel Scott: Legal assingnments: what does „under the hand of the assignor” mean for companies? (219)
Features
Jonathan Hardman: Moveable Transactions Reform in Scotland: acquiescence and the perils of over-pledging (223)
Peter Hayes: Drop downs and up-tiers in English law loan documentation (226)
Raza Naeem, Teodora Paneva: UK SDR: setting the ESG blueprint for the world? (230)
Dan Harris: From PSG’s strip to the Gaza Strip: critical issues for those managing Qatar’s money after 7 October (233)
Hugh Sims, Anna Lintner: Reliance revisited: is „conscious awareness” a requirement of reliance/ inducement in all misinterpretation cases, or a bridge too far? (236)
Lucy Aconley, Luke Sampson: Distressed insurers: recent insolvency reforms and future resolution framework (241)
Jo Windsor: Part 26A Restructuring Plans: how significant is the Court of Appeal’s judgement in Adler? (246)
Emma Bullen: Limited Liability Partnerships and enforcing security over a member’s interest (249)
Hin Liu: Transferring legal title to a digital asset: shared and limited control arrangements (Part 2) (251)
James MacDonald: Covid, aircraft financing nad the duty to mitigate (260)
Zoe O’Sullivan: Welcome clarification from the DIFC Court on the amendmenst to the UAE Federal Banking Law (262)
Kate Ollerenshaw: Retained EU law: a tale of two statues (264)
Annabel Smith, Zoe Jensen: Availability of costs for individuals who successfully challange an FCA decision against them (267)
Pablo Iglesias-Rodriguez: Gatekeeper liability in Spain after Gowex (270)
In Practice
Alex Smith: Biodiversity finance: becoming second nature (275)
Alex Martin, Dan Marcus: European middle market CLOs could rise in 2024: despite some challanges (277)
Kate Patane: Lat but not least: consultation involvement key to avoiding regulatory divergence in public and private securitisations (278)
Matthey Hoyle: Crying wolf: the effect of sub-participants exercising control over lenders in the medium-term loan market (147)
Features
Michael Chernick, Sara Coelho, Shameer Shah, Kevin Heverin, Magnus Wieslander, Camille Masse-Pfister: Dipping over here and dipping over there: lessons learned from recent double dip transactions (151)
Vasanti Selvaratnam, Emile Yusupoff, Satya Talwar Mouland: An assessment of the reliability requirement in the Electronic Trade Documents Act (156)
Oliver Shafe, Jamie Rogers: Taking robust security over warranty and indemnity insurance policies (159)
Paul Cluley: The Bankruptcy Event of Default under ISDA: Part 2 (162)
Matthew McGhee: Quincecare, agency and conflict of laws: what law do we look to? (166)
Paul Blackmore, Alice FrydlHook, line … or sinker? Navigating dowry sales (168)
Richard Calnan: The Draft Secured Transactions Code: its main features and lessons learnt (171)
Robert ThomasThe impact of the Electronic Trade Documents Act 2023 on bank practice in trade finance (174)
Lara Kuehl: Foreign crypto arbitrations and UK consumer rights: a culture clash? (176)
Giovanni Bandi: DeFi: game changer for regulatory reporting (180)
Carloine Jackson, Alex Potts: If the law supposes that crypto cannot be property, then the law is an ass (183)
Paul Deakins, Julia Machin, Jessica Walker: The new UK public offers and admission to trading regime: impact on debt capital markets (188)
Sarah Caldwell: What’s next for the EU Directive on NPLs? (192)
In Practice
Amy Kennedy, Liz Osborne, Lauren Pflueger: Transferability: does there need to be a re-balance? (194)
Alex Martin, Kristine Kozicki: Consolidation in the CLO management industry: hampered by EU and UK risk retention requirements? (196)
James Dickie: Embedded finance and chargebacks: consumer duty and proposition structuring (198)
Regulars
Book Review by Rossn Cranston and Richard Salter (199)
Competition Law Update by Kirkland & Ellis LLP (201)
Case Analysis by a reserch student of the Law Faculty at Oxford University (203)
Jonathan Haines: Rethinking rights of use as an English law concept after Brexit (75)
Features
Stuart Brinkworth: Liquidity covenants to the fore (80)
Nik Yeo: Byers v Saudi National Bank: bona fide purchase, knowing receipt and crypto litigation (83)
Paul Cluley: The Bankruptcy Event of Default under ISDA: Part 1 (86)
Katie Hoyle, Toby Mann: LMA €STR fallbacks to EURIBOR: use in corporate lending transactions (91)
Luke Broadway: Undisclosed agency: characterisation and conflict of laws (93)
Simon Mills, Louis Granjouan:Boilerplate terms restricting freedoms in composite transactions: some traps for the unwary (97)
Sonya Branch, Jeff Ward: The Nine Cloud Dream: an introduction to the UK’s new oversight regime for critical third parties (100)
Sarah Garvey: Hague 2019: extending the lifespan of asymmetric jurisdiction clauses? (104)
James Morgan, Zachary Kell: “Trust, not distrust”: can Quincecare apply to cryptocurrency transactions on exchanges? (108)
Mark McGuire: Risk retention in securitisations: if not the original lender, who else? (111)
Diego Ballon Ossio, Meera Ragha: Unlocking the predictive power of AI in the investment management industry (114)
Wojtek Buczynski: Change is the only constant: how to avoid static regulation in the age of AI and other emerging technologies (117)
Julian Roberts: Regulating financial innovation: starting from scratch (120)
Phoebus L. Athanassiou: Central Bank Digital Currencies, anonymity and privacy: squaring the circle (124)
In Practice
Dominic Stuttaford: International financing structures: increased focus on withholding tax (127)
Leontia McArdle, Rachel Tookey, Stewart Plant: De-banking: what next for payment service providers? (128)
Hywel Jenkins, Clive Cunningham, Cat Dankos: More than meets the eye: a new UK regime for critical third parties: what does it mean for regulated firms? (129)
Regulars
Jo Braithwaite: Book Review (131)
Case Analysis by One Essex Court (Frischmann/ LLC Eurochem) (132)
David Quest: Large language models: a legal liability minefield (735)
Features
Charles Kerrigan: What does AI mean for professional services business models? (738)
Tom Leary: Regulation 7(4) : when is an entity controlled by a sanctioned person? (742)
Jamie Macpherson, Andrew Perkins, Henry-Stewart Brown, Samuel Brooks, Sophie Donnithorne-Tait: Private credit continuation funds: a developing frontier for secondary transactions? (745)
Chee Ho Tham: Assignment (or novation) of indemnity policies? (748)
Henry O’Connor: The key to harnessing the ownership powr of NFTs: the need for standardised decentralisation protocols (753)
George Pelling, Ijeoma Nwala, Samantha Hutchinson, Adam Blakemore, Satvi Vepa, Alix Prentice: Enforcing security over limited partner interests in English limited partnerships (758)
Stephanies Tozer, Kavish Shah: Damages for the damnified? What DOES Law of Property Act s 104(2) mean? (763)
Andrew Thornton, Ben Shaw: A company’s objects: do they still matter? (765)
Tauhid Ijaz, George Kiladze: Significant Risk Transfer’s impact on the output floor under Basel III: the EU’s proposed panacea unveiled (768)
Peter Alderdice: Scotland’s new statuory pledge: taking security from individuals and unincorporated organisations (774)
Alexia Knight: The Mandatory Reimbursement Scheme: the obvious points of conflict within the proposals (777)
Anthea Bowater, Simon Orton: ESG litigation in the context of financial services: a global gear change? (779)
Edward F Greene, Jared Gerber, David Lopez, Duane McLaughlin, Emily Arndt, Sabrina Singer, Brandon Welcome: The need for a modernised response to financial product regulation (783)
In Practice
Kerry Langton: Lender diligence over Intellectual Property Rights and taking security over domain names (787)
Stuart Murdoch, Rory Milkova: Does the „D” in PSD3 stands for „divergence”? PSD3 and payment services in the UK (789)
James Barrett: Coaching andd the corporate witness (791)
Duncan Sheehan: Digital Assets: why the Law Commission are wrong about control (3)
Features
Andrew Thompson, Philip MorrisonCarillon: a director’s strict duty to know the company’s true financial position? (5)
Rabin Kok: Third party rights and the LMA suite of Debt Documents (8)
Alan Davies, Michelle Gilmore-Parry: The rise of “hybrids” in the ever-converging PIK and Preferred Equity landscape (11)
Akber Datoo: Offer and acceptance … and sailing into the terms of decentralised networks (15)
Stephen Moverley Smith, Rachel Carver: Can beneficial noteholders commence insolvency proceedings? Diverging views emerge across the offshore world (21)
Dan Hirschovits, Aaron Ferner, Joshua Bunn: Going public: the impact of IPOs on facility agreements (24)
Susan Wong, Lim Wei Lee, Felix Lee: Sanctions clauses in documentary credit transactions: a cautionary tale (28)
David Rouch: Investor duties and sustainability: the turn towards tackling sustainability challenges (31)
Matthew Parfitt: Just a minute: inserting the time into pre-prepared board minutes (36)
Benjamin Pilling, Ruth Bala: Shared appreciation mortgages: how far can the “unfair relationships” regime stretch? (38)
Ciarán McGonagle, Finn Casey Fierro: For whom the code tolls: an integrated, modular architecture for smart derivatives contracts (41)
Simon Crown, Monica Sah, Sara Evans: Third country market access for core banking services in the EU: all change from autumn 2026 (45)
Jacob J Meagher: The implications of the novel “Audit Duty” on professional service firms: Part 2 (49)
In Practice
James Greene, Martin Forbes, Nicola Chapman, Man Hay Yip, : The art of the intercreditor Ripping up the rulebook: financing the energy transition (54)
Chris Armstrong, Christopher Sullivan: Preparing for a new UK securitisation framework (56)
Sarah Worthington: Fixed and floating charges: still favouring absolutism over multi-factored nuance (583)
Features
Geoffrey Wynne, Jacqueline Cook: The Electronic Trade Documents Act 2023: the key to the future? (587)
Richard Boynton, Kon Asimacopoulos, Sean Lacey, Hannah Crawford, Kate Stephenson: Galapagos: proper construction of Distressed Disposal provisions in intercreditor agreement (590)
James Hall, William Golightly: The risks of attempting to rectify mistakes in security documents, without seeking a court order (594)
Daniel Winick, Mark Presso, Andrew Young, Heba Hazzaa: Wall Street-led secondary trading of private credit loans: considerations for stakeholders (599)
Hamish Patrick, Andrew Kinnes: Moveable transactions: Scotland v England: Round 1 – assigning receivables (602)
Piers Reynolds, Laura Feldman: New challenges for tackling Authorised Push Payment fraud (605)
Lee Federman, Tom Miller: Don’t put all your debt in one basket: debt incurrence flexibility in leveraged finance transactions (610)
Richard Hoyle: The fiduciary’s divestment dilemma: ESG and the age of climate change (612)
Rachel Tandy, Chris Haan: Collective stress or collective redress? Examining available mechanisms for securities litigation in England and Wales (616)
Tim Lees, Sarah Jane O’Leary, Kasia Lorenc: In sync across borders: embracing parallel processes for successful restructurings (620)
Thomas Wong: English law-governed Keepwell Deeds enforced by Hong Kong courts against PRC insolvent companies (623)
Chris Wallace: The Digital Securities Sandbox (627)
Giovanni Bandi, Yasser Nasser: The Cambridge Regulatory Genome Project: a must in a world of regulation technologies (629)
In Practice
Michael Leadbeater: Super senior facilities: a recap on key documentary terms (632)
Rebecca Oliver: Taking effective security over future acquired assets: the importance of contractual intention (634)
Matthew Cox. Lana Ahern, Gabby White: Can the consent of an obligor be taken at face value? (636)
Regulars
Book Review by Ross Cranston, LSE (638)
EU Update by Mauro Megliani, Catholic University of Milan (639)
Case Analysis by Hogan Lovells and Volterra Fietta (641)
