Richard Salter: Are leveraged LDI strategies lawful? (71)
Features
Peter Watts: Sequana in the Supreme Court: cautious confirmation of the creditor-extension to the director’s duty of loyalty (74)
Kenneth MacLean: Appropiation of financial collateral under English law security financial collateral arrangements (79)
Roger Jones: TARGET 2 – TARGET 2 Securities Consolidation: major change to payment standards (82)
Toby Mann, Katie Hoyle: Loan documentation and risk-free reference rates: current overview (85)
Ignacio Tirado, Hamza Hameed: Spacecraft financing: an international secured transactions regime for space assets (87)
Marco Mazzola, Adrian Mellor, Christophe Jacquemin, Stefan Kuhm, Andreas Hommel, Bénédicte Kurth: Preserving security interests and guarantees in key EU juridictions when the underlying obligation is varied (92)
James Smallwood: Collateral quality or increased recoveries: CLO portfolio management in a time of credit deterioration (96)
Steven Barrett: Are sole director companies all acting unlawfully? (100)
Lodewijk Van Setten: Cryptographic tokens: three categories of personal property? (102)
Owen Lysak, Ramya Juwadi: AIFMD2 proposals on loan origination (105)
Daniel Schwarz: Central Bank Digital Currencies and competition laws: recognising the importance of competition laws in the CBDC ecosystem (107)
William Hibbert: The new FCA Consumer Duty: the interrelationship with the Senior Managers and Certification Regime (113)
Zi Yang: Is it wise for UK CCPs to clear crypto derivatives? (115)
In Practice
Stacey Pang, Janis Bille: Scope 1, 2 and 3 emissions as KPIs in sustainability-linked loans (119)
Chris Harvey, Sam Gokarn-Millington: First Bankers Trust order against overseas cryptocurrency exchanges using new „gateway” (121)
Lu’ayy Al-Rimawi: UK Islamic mortgages and Shariah-compliance: the imperative of eschewing legal wizardry (122)
Regulars
Case Analysis by One Essex Court and Merton College (124)
William Edwards: Decentralised Autonomuos Organisations: unincorporated companies by another name? (147)
Features
Edward Cumming, Harry Samuels: Seeing the world differently: litigation arising from ESG-related disclosure (150)
Daniel Winick, Andrew Young, Peter Dahlen, Thomas Critchley, Heba Hazzaa, Neil Cavanagh: Across the pond and back again: What direct lenders shold know before deploying historic dry powder (154)
Penny Angell, Dorothy Livingston: Reform of the law on deeds: options for the Law Commission (157)
Hin Liu: Digital Assets: the mystery of the „link” (161)
Timothy Cleary: Synthetic securitisation made simple: The EU STS Securitisation framework embraces synthetic securitisation (171)
Lodewijk van Setten, Charles Kerrigan: Digitised trading and settlement: Exchange 4.0 (176)
Piers Reynolds, Laura Feldman, Jack Helyar: The new FCA consumer duty: the interrelationship with regulatory and common law obligations (179)
Rumen Cholakov: Takeover Code Changes 2021: can lenders be forced to fund an illegal deal? (182)
Andrew Henderson: Prudential consolidation under the IFPR: Making sense of the ancillary services undertakings concept (184)
Chris Wallace, Charles Kerrigan: Something in the ether? The allure of digital bonds (186)
Anya Proops, Rupert Paines: Lloyd vs Google: the end of class action data privacy claim s or just the beginning? (189)
Richard Calnan: Interpreting stautes and contracts: what are the differences? Part 1 (192)
Spyridon V Bazinas: Secured finance law reform: the Joint Coordination Network (195)
In Practice
Jeremiah Wagner, Dan Marcus: Fund finance: the securisation question (198)
Charles Kerrigan: Crypto yield (199)
Hugh Evans, Sohail Ali: Section 32 Limitation Act: an evolving yet difficult route for claimants (202)
Carl Baker: The Bank of England’s first ever bail-in recognition (203)
Regulars
Competition Law Update by Kirkland & Ellis International LLP (204)