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)
Francesco Lione: Are the times ripe for „super senior” capital structures that include term loan debt? (579)
Features
William Steel, Seema Shukla: Deed polls: a difficult solution to a difficult problem (582)
Andrew Keay: Unsecured loans and ascertaining cash flow insolvency (586)
Rebecca Oliver: The National Security and Investment Act 2021: secured lenders can take comfort in latest guidance but exercising voting rights remains a risk (591)
James Burnie, Meghan Millward, Matthew Kimber: What’s at stake? The legal treatment of staking (594)
Sukhvir Basran, Eoin O’Connor: ESG integration in private debt (599)
Hanif Virji: Capacity: is the question of hedging or speculation mis-stated? (602)
Joshua Crow: ISDA Definitions 2021: Calculation Agent not required to produce objectively reasonable result (604)
Vishal Mawkin, Peter Young, Miguel Torres Caro: Project bonds and energy transition: a proven financing solution (606)
Lara Panahy, Nick Lister: „There is nothing so stable as change”: is the Treasury’s proposed new special admiinstration regim for stablecoin and other systemic DSA firms a change in the right direction? (610)
Anthony Dearing: Base metal traders betting on the courts to enforce their trades in a disorderly market (614)
Meera Ragha, Diego Ballon Ossio: English law in the 21th century: does it need an update to accommodate crypto? (617)
David Murphy: Regualory mandates and review in the 2022 Financial Services and Markets Bill: making their own homework (619)
Ajay Malhotra, Ceri Morgan, Zoe Diepstraten: Interpreting ICC standardised rules in trade finance disputes: courts take an international perspective (622)
In Practice
Catherine Phillips: Safe harbours in lending transactions: exclusions from the requirement to register express trust (625)
Iain Balkwill: CMBS and its new cousin, the CRE CLO (627)
Christine Ezcutari, Paolo Pinna: Sustainability-linked loans: what more do you need to know? 628)
Regulars
Case Analysis by Hogan Lovells (630)
Regulation Update by Norton Rose Fulbright (634)
Market Movements by CMS (637)
Deals (639)
Legal Ease by Lexis PSL (640)
International Briefings from Finland and Switzerland (641)