Butterworths International Banking and Financial Law 2025/6

Spotlight

  • Richard Salter: Preserving guarantor liability: another look (363)

Feature

  • Lindsay Hingston, Georgina Peters: Waving not drowning: Thames Water clarifies approach to out of the money creditors (367)
  • James Hall, William Golightly: Schrödinger’s Deed: can an instrument be two things at once? (372)
  • Joseph Wigley: The LMA insolvency events of default clause: potential pitfalls and how to avoid them (375)
  • Jenny Doak, Stuart Pibworth: No guarantees: UK corporation and withholding tax complexities of guarantees (378)
  • Ferdisha Snagg, Yasmin Frischmeier: Cryptoasset regulation: a comparative analysis of UK and EU regimes (382)
  • Ben Dulieu: Convertible bonds: a valuable funding tool in volatile markets (385)
  • Isabel Tinsley, Ioanna Varra: The Law of Property Act 1925 turns 100 this year: Happy Birthday! (388)
  • James Greeen, Christian Pilkington, Hannah Langley: Splitting the difference: transfer of assets and liabilities in restructurings to reset business profile (392)
  • Cristiano Borgogna: EMIR 3.0, post-trade risk reduction services and the initial margin threshold: an unintended consequence (394)
  • Matt Dunn, Toby Mann: The LMA’s guidance on fallbacks to interbank term rates: a call to arms (396)
  • David Bunting: Ups and downs of the EU Benchmarks Regulation (399)
  • Oliver Völkel: MiCA: unresolved questions (403)
  • Matthew E Schernecke: Climate risk in the commercial real estate market (407)

In Practice

  • Charles Morris: Intermediated guarantees as unfunded credit protection (409)
  • Suzana Sava-Montanari, Christopher Sullivan: EU proposed securitisation disclosure reforms: is the remedy worse than the affliction? (411)
  • Fiona Henderson, James Dickie, Laura Collins: E-money: operational solutions to blocked accounts in financing (413)

Regulars

  • Competition Law Update by Kirkland & Ellis (414)
  • Case Analysis by Hogan Lovells and Essex Court Chambers (415)
  • Regulation Update by Norton Rose Fulbright (420)
  • Market Movements by CMS (423)
  • Deals (425)
  • Legal Ease with Lexis+® UK (426)
  • International Briefings from the Netherlands (427)

Butterworths Journal of International Banking and Financial Law 2025/1

Spotlight

  • David Murphy: Financial regulation and the search for growth (3)

Features

  • Lindsay Hingston, Georgina Peters, Alex Thomson, Michael Atkinson: Liability management exercises in England: where are we? (5)
  • Mark Vinall: Does payment into a customer’s bank account enrich the bank? (9)
  • Alan Davies, Brad Taylor: MFN clauses in private credit facility agreements (12)
  • Paul Sinclair: Ending LIBOR: a landmark ruling on Tough Legacy contracts (14)
  • Noel Casey: The cost of further assurance (17)
  • Cecily Crampin, Camilla Chorfi: The Building Safety Act: issues for lenders (19)
  • Edward Cumming, James Fennemore: “Green revolution”? Solicitors’ duties in the light of risks relating to climate change (23)
  • Paul Fradley, Matteo Clarkson-Maciel: Cineworld: contracting out of a restructuring plan (27)
  • Dhananjay Kumar, Abhishek Mukherjee: Enforcement against Indian obligors: key considerations (30)
  • Matthey Lavy, Alex Taylor: Valuation date in cryptoasset claims (35)
  • William Hibbert: The law on undisclosed commissions: ripe for review by the Supreme Court (38)
  • Thomas Lowe: Offshore case law on bondholders as contingent creditors (42)
  • Thomas Wong: Indirect transfers of value “at the expense of” a claimant: comparative perspective (45)

In Practice

  • Charles Bischoff, James Bell: Car finance commission arrangements: implications for speciality finance transactions (49)
  • Pascal Urban: German obligors in cross-border financing transactions (51)
  • Sara Evans, Georgios Pantelias: Paying for investment research: welcome rule relaxations for EU and UK firms (54)

Regulars

  • Case Analysis by 3 Verulam Buildings (55)
  • Regulation Update by Norton Rose Fulbright (60)
  • Market Movements by CMS (65)
  • Deals (67)
  • Legal Ease with Lexis+® UK (68)
  • International Briefings from Switzerland and Turkey (69)

Editor’s note:

Everyone at JIBFL was saddened to hear of the passing of Dorothy Livingston, a highly respected and prolific contributor. Her articles were always enlightening and incisive. She will be sorely missed.