Paul Sidle: AI’s current and emerging impact on restructuring and insolvency (535)
Features
Johan Lundberg: What belongs in a local security document? The function of local security documents in cross-border finance (541)
Jennifer B. McLellan: Loan-linked hedging for the buy side – Part 1 (of 10): an introduction (547)
Vanessa Knapp: Companies Act 2006: time to review? (553)
Liisa Lahti, Victor Steinmetz, Emma Hughes: The doctrine of clogs on the equity of redemption: the unruly dog unleashed (557)
Robin Springthorpe, Annabelle Wheeler, Emma Giddings: The impact of jet fuel volatility on aviation finance (561)
Ian Wilson: Third-party contractual rights in banking and finance: reconsidering the 1999 Act (564)
Özge Gizem Yerlikaya: Private credit funds and UK lending: mapping the regulatory perimeter (566)
Orbay Çokgör: Enforcement of security over digital assets: the importance of pre-emptive structural design (571)
Vanessa Yi Ting Cheok: Bridging public regulations and private rights in the US GENIUS Act and Hong Kong’s Stablecoins Ordinance – Part 2: trusts and bankruptcy (574)
Dagmar Gold: German share pledges in insolvency: disposal authority, enforcement design and security agent risk (579)
Ferdisha Snagg, Noah D’Aeth: The smarter regulatory framework: a model of things to come? (582)
Britt Miller, Ian McDonald, Matthew Provance, Jan Henning Buschfeld, Mark Hills, Megan Stride, Teresa Gerhold-Kempf, Natalie Holman, Hormis Kallarackel, Ora Nwabueze, Sarah Shearman: The state of third-party litigation funding: what companies facing funded claims need to know – Part I: the UK and EU (586)
Elia Ferdinando Clarizia, Marco Mazzola: Lending to Italian obligors in cross-border finance transactions: main legal and tax considerations (590)
In Practice
Charles Kerrigan: AI lemons and the economics of unverifiable quality: Part 2 – new kinds of firms (595)
Morven Henderson, Abbie Copping, Tony Katz, Sophie Lessar: The proposed reforms to the financial promotions regime for consumer credit: a move to an outcomes-based approach (599)
Hywel Jenkins, Ian Thomas, Rashid Ahmed: SMF7 extension: from conduct to control (601)
Obituary
Ross Cranston: Professor Sir Royston Goode (603)
Regulars
ESG Update by A&O Sherman (604)
Case Analysis by One Essex Court, Gough Square Chambers and NLIU (India) (605)
Regulation Update by Norton Rose Fulbright (613)
Market Movements by CMS (617)
Deals (619)
Legal Ease by Lexis+® UK (620)
International Briefings: The Netherlands and Hong Kong (621)
Philip Wood: Smart legal opinions, digitalisation and insolvency netting (79)
Features
Fred Hobson, Vanshaj Jain: Guardrails on contractual discretions: navigating the content and consequences of the Braganza constraint (81)
Isabella Lewis: Security over e-money: the form of security and blocking (84)
Rebecca Keating: Low or maximum security? Navigating the risks in taking security over AI-generated materials (86)
Akber Datoo: The “digital” answer is always netting … (89)
Henry Warwick, Benn Sheridan: Credit Suisse v Ivanishvili: the door opens to fraud-on-the-market claims under s 90A FSMA (93)
Karl Clowry: Do divergent terms across European leveraged finance documentation really create misunderstanding, mischief and mayhem? (97)
Ben Smiley, Helena Spector: The fraught identification of the wealthy investor as a “consumer” and/or “professional” (102)
Giulia Paladini, Charles Kerrigan: When code meets compliance: the institutional turn in Decentralised Finance (105)
Andy Vickery, Alex Shopow, Jördis Heckt-Harbeck, Guillaume Malaty, George Gooderham: Unlocking the potential: why the EU needs a dedicated securitisation special purpose entity (109)
Vincenzo Bavoso: The growth of private credit in the UK: the “new” threat to financial stability (115)
Phoebus L Athanassiou: Multi-issuance schemes for payment stablecoins: an EU-US comparison (119)
Michael Huertas: Supply chain finance in the EU: Part 2 – fixing enforceability: conflicts of law, true sale and an interoperable e‑notice regime (122)
In Practice
Karan Chopra, Bernard Lung, Tessa Mallia: Acquisition documents: overview of lender considerations (126)
Hywel Jenkins, Ian Thomas, Isobel Salzedo: The shifting focus of regulatory intervention: from enforcement to assertive supervision (128)
Mona Rothwell, Pragesh Sivaguru, Tony Katz: Is “name and shame” here to stay? Court dismisses challenge to FCA’s decision to publicly name (130)
Regulars
Case Analysis by One Essex Court: Mitchell v Al-Jaber and Beneathco DMCC v R.J. O’ Brien Limited (132)
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)