Philip Wood: Smart legal opinions, digitalisation, AI and security interests (379)
Features
James Greene, Anna Soroka: Covenant-invisible priming in leveraged finance: the hidden risk of monetisation structures (381)
Rhodri Davies: Ralli Brothers: a defence in flux? (385)
Susanne Hoerrmann, Marvin Knapp, Lars Westpfahl, Jan-Philip Wilde: Navigating German equitable subordination: implications and structuring options post-ECJ judgment (389)
Steven L Schwarcz, Isabelle Stewart: The sale-versus-loan problem of receivables financing from a US perspective (391)
Georgia M Quenby: Entire agreement clauses: entirely unco-operative to void co-ops? Part 1 (398)
Harry Hatwell: Application of statutory limitation periods to consumer credit unfair relationship claims (401)
Lee C Buchheit, Mitu Gulati: Flipping out: changing the governing law of sovereign debt instruments (403)
Jon Ford, Emma Deas, Nic Patmore, Camilla Macpherson: Increasing use of AI in financial services: managing the regulatory and litigation risks (405)
Catherine Dawkins, Ryan Moore, Richard Fletcher, Laura Bretherton: The expanding role of back leverage: “loan-on-loan” for non-real estate assets (409)
Lianne Dodds, Tom Rhodes: Stablecoins and the emerging financial crime toolkit (412)
Jeremiah Wagner, Christopher Sullivan: Preparing for a liberalised UK securitisation framework (416)
Oliver Heiland, Christopher Gardner: Governance-by-design for private markets: from funds to platforms (420)
Abdullah Geelah: Licence to aid: the legal and compliance challenges of UNSCR 2664 for UK-connected financial institutions (425)
Oliver Völkel: State-issued stablecoins in the EU: fiscal innovation or monetary encroachment? (431)
In Practice
Niccolo Vernillo, Jacopo Figus Diaz, Lorenzo Russo: Golden Power 2026: navigating the latest Italian FDI screening developments (435)
Charles Kerrigan: AI lemons and the economics of unverifiable quality: Part 1 – old kinds of firms (438)
Sara Evans: Raising the resilience bar: UK operational incident and third-party reporting reforms (440)
Regulars
Book Review by Ross Cranston (443)
Competition Law Update by Kirkland & Ellis LLP (444)
William E Eye, Andrew de Mestre: Hybrid debt agreements and cross-border enforcement risk (459)
Features
Richard Salter: The right for a chargor entity to request enforcement (464)
Louise Hutton, Mohamed Sacranie: Service out of anti-suit injunction arbitration claims: two areas of uncertainty (466)
Georgia Quenby: Entirely unco-operative, Part 2: if an LME becomes a Restructuring Plan will anti-co-ops limit the Plan’s likelihood of approval or fracture the class? (470)
Dan Harris: An equity repo trapped in the body of a secured loan agreement? Equity finance after Shukla (472)
James Sheehan, James Clarke, Julian Godfray: Celestial v UniCredit: the Supreme Court decision and its ramifications (476)
Tim Lees, Alexander Hutcheson, Lewis Cymbal, Harini Viswanathan: Insolvency in English limited partnerships: considerations for fund finance lenders (480)
Oliver Heiland, Christopher Gardner: Governance-by-design for private markets: from platforms to capital infrastructure (484)
Daniel Hendon, Andrew Surgey, Alice Dawson-Loynes: Dodgy financial reporting or financial covenant breach (490)
John Corrie, Jon Ford, Nic Patmore, Ceri Morgan, Emma Bridgeman: Behind the Synthetic Capital Relief: understanding the litigation risk landscape (493)
Ferdisha Snagg, Noah D’Aeth: Prediction markets in the UK: betting the house or hedging your bets? (496)
Vanessa Yi Ting Cheok: Bridging public regulations and private rights in the US GENIUS Act and Hong Kong’s Stablecoins Ordinance: Part 1 – contractual right to redeem (501)
Adam Sanitt: UK Jurisdiction Taskforce publishes Report on Control of Digital Assets (506)
Ahmed Ashfaq: Critical services disruption: the importance of financial institutions’ ability to demonstrate their response and how (508)
In Practice
John Lee: DeFi exploits, on-chain interventions and the private key: recent developments in cryptoasset recovery (511)
Dominic Stuttaford, Matthew Hodkin: Withholding tax: treaty shopping – or not? (513)
Regulars
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Regulation Update by Norton Rose Fulbright (522)
Market Movements by CMS (525)
Deals (527)
Legal Ease by Lexis+® UK: Navigating the Gulf crisis (528)
