Butterworths Journal of International Banking and Financial Law 2024/1

Spotlight

  • 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)

Regulars

  • Case Analysis by 3 Verulam Buildings (58)
  • Regulation Update by Norton Rose Fulbright (64)
  • Market Movements by CMS (69)
  • Deals (71)
  • Legal Ease with Lexis+® UK (72)

Butterworths Journal of International Banking and Financial Law 2023/10

Spotlight

  • Adrian Cohen, Antonia Pegg: “Debtor-in-possession” processes and moratoria in English restructuring and insolvency law: a hesitant journey (659)

Features

  • Jonathan Davies-Jones, Alexia Knight: When is a bank put on notice of an agent’s fraud? (664)
  • Peter de Verneuil Smith, Philip Hinks, Judy Fu: Damages under ss 90 and 90A FSMA (667)
  • Steven Fennell: Limited liability partnerships: authority to borrow and to give security (672)
  • Andrew Kinnes, Hamish Patrick: Moveable transactions: Scotland v England: Round 2 – taking security over chattels (675)
  • Charlotte Eborall: “Packing” a punch to litigation funders? (678)
  • Shameer Shah, Ben Burton: Excess Cash Flow: time to sweep it under the carpet? (682)
  • Duncan Sheehan: Identifying floating charges after Re Avanti Communications Ltd (in Administration) (684)
  • Lodewijk van Setten: DeFi platforms: delineating the regulatory perimeter (687)
  • Sanjev Warna-kula-suriya, Dan MarcusHybrid facilities: the promise, the reality and the hope (691)
  • Ferdisha Snagg, Andreas Wildner: What is in a name? The regulators seek to have the final word on the meaning of trading venue under MiFID (694)
  • Kelesi Blundell, Ioannis Asimakopoulos: Banking regulation in the aftermath of SVB: lessons for regulators and supervisors (698)
  • Chloe Carpenter: Avanti Communications and the use of textbook and articles when undertaking research (700)
  • Jacob J Meagher: The implications of the novel “Audit Duty” on professional service firms: Part 1: Rihan v Ernst & Young (702)

In Practice

  • Kate Vyvyan, Jessica Walker, Julia MachinGreen expectations: ESMA’s Statement on sustainability prospectus disclosure (709)
  • Alex Martin, Jana Zupikova: Private portfolio financings on the rise(711)
  • Samantha Holland, William Humphries: Overhauling the rules on the law of the arbitration agreement? (712)

Regulars

  • Competition Law Update by Kirkland & Ellis LLP (713)
  • Book Review by Ross Cranston (715)
  • Case Analysis by 3 Verulam Buildings (716)
  • Regulation Update by Norton Rose Fulbright (718)
  • Market Movements by CMS (721)
  • Deals (724)
  • Legal Ease with Lexis+® UK (725)
  • International Briefings from New Zealand, Finland and Hong Kong (726)

Butterworths Journal of International Banking and Financial Law 2022/10

Spotlight

  • Suzanne Rab: Financial Services and Markets Bill: from retained EU law, to revocation and restatement (647)
  • Tom Leary: There are known unknowns: how strict is civil liability for breaches of sanctions? (651)
  • Jacqueline Cook: Understanding export controls in UK sanctions legislation relating to Russia: issues for lenders (654)
  • Duncan Sheehan: Taking security over certificated shares in private companies (658)
  • Dan Harris: Toto’s law: looking behind ESG rating agency curtains (661)
  • Peter Burgess: US distressed debt techniques and minority protection in English law (667)
  • Liam Robinson, James Warboys, Tibor Korman, Nicola Hiestermann: The Mezzanine Lenders successfully take control of The LYCRA Company (670)
  • Matthew McGhee, Maria Kennedy: Different jurisdictions’ approaches to Quincecare: England and Wales lead the expansive approach (674)
  • Etay Katz, Conor Funston, Francesco Assi, Tara Waters, Anna Delgado, Penny Chamberlain: Digital assets use cases in financial securities: are they “native”? (678)
  • Kerry Langton, Fiona Henderson, Julian Turner, James Dickie: Security over e-money and deposits with deposit aggregators: a new approach is required (682)
  • Robert Purves: Client categorisation under the FCA’s Conduct of Business Rules: what are the possible consequences of getting it wrong? (686)
  • Ian Bergson: An account of profits: when if ever in commercial banking claims? (689)
  • John Lee: Smart contracts and the limits of the “rule of code” (692)
  • Matthew Hodkin, Aiden Hepworth: Principal and main purpose tests in tax treaties: a UK tribunal approach (695)
  • Zachary Kell, Callum Reid-Hutchings: Service, lies and NFTs: litigation and the blockchain (697)


In Practice

  • Latifah Mohamed: Soaring inflation and the case for index-linked baskets (699)
  • Tom Cochran, Boin Cheong: Finding room for asset-backed financings alongside high yield and leveraged loan transactions (700)
  • Caroline Dawson, Stephanie Peacock, Julia Machin: Implementing the UK Wholesale Markets Review (701)

Regulars

  • Competition Law Update by Kirlkland & Ellis LLP (705)
  • Case Analysis by 3 Verulam Buildings (707)
  • Regulation Update by Norton Rose Fulbright (711)
  • Market Movements by CMS (713)
  • Deals (715)
  • Legal Ease with LexisPSL (716)