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
Case Analysis by 3 Verulam Buildings and Gough Square Chambers (515)
Regulation Update by Norton Rose Fulbright (522)
Market Movements by CMS (525)
Deals (527)
Legal Ease by Lexis+® UK: Navigating the Gulf crisis (528)
Julius Grower, William Day: Credit brokers as fiduciaries, and consequences for lenders: Part 1 (75)
Julius Grower, William Day: Credit brokers as fiduciaries, and consequences for lenders: Part 2
Feature
Avinash Persaud: Climate-related disasters, why insurance is not the solution and what is (85)
Louise Merrett: Conflicts of laws and the ratification of unauthorised acts by agents (87)
Benedict Tompkins: The LMA sovereign immunity clause and enforcement proceedings (90)
Nelson Enonchong: Secured lending: when is the lender put on inquiry in a “hybrid” transaction? (93)
Douglas Deutsch, Michelle McGreal, Tim Lees, Sarah Campbell: Insolvency and automatic acceleration in US Chapter 11: to accelerate, or not to accelerate, that is the question (98)
Reuven Young, Maxim Van de moortel: Private IPOs as a capital raising and exit strategy in today’s market environment (102)
Shail Patel: Reliance revisited: High Court construes statutory requirements for UK securities fraud claims (105)
Matthew Parker: Force majeure in loan agreements: illegality under the standard form LMA clause (107)
Adam Eckersley-Waites: National Security and Investment Act 2021: three years later (112)
Ciarán McGonagle, Andrei Kirilenko: Schrödinger’s property? D’Aloia and the legal superposition of digital assets (115)
John-Patrick Asimakis: Identifying the place of performance in English law transactions involving foreign banks (118)
David McIlroy, Clyde Darrell: Crypto-lending: does the UK’s consumer credit regime offer an avenue for redress? (122)
In Practice
Dean Naumowicz, Delyth Hughes, Nick Surry: Key hedging considerations in negotiating intercreditor terms (126)
Hywel Jenkins, Ian Thomas, Elizabeth Stephens: Modernising the redress system: exploring the need for alternative processes (128)
Dominic Stuttaford, Susanna Brain: Interest deductibility: the “unallowable purpose” rule after Blackrock, JTI and Kwik-Fit (129)
Regulars
Book Reviews by Professor Bobby V Reddy (131)
Case Analysis by One Essex Court (133)
Regulation Update by Norton Rose Fulbright (137)
Market Movements by CMS (144)
Deals (146)
Legal Ease with Lexis+® UK (147)
International Briefings from the USA and Finland (148)
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)