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)
Mark Dwyer, Antony Hainsworth: Flight of the deposits – (2023) (207)
Features
Simon Salzedo, Tom Wood: Improper leverage? Own interest conflicts and the designation model in leveraged finance transactions (209)
Deborah Sabalot Deane: The Great Game: UK financial services and the Edinburgh Reforms programme (212)
Philip Morrison: Board minutes after Sequana: practical advice for the corporate drafter (216)
Iain Clacher, Con Keating, Philip Bennett: Are leveraged LDI strategies lawful? A rejoinder and a request (219)
Edward J. Nalbantian, Caroline A Talbert: Syndicated lending and third-party agents: a practical primer (224)
Thomas Papadogiannis Varouchakis: Risks for investors at the post-insolvency stage of the covered bond issuer (227)
Hanif Virji: Valuing swaps: what exactly are “hidden costs” and “mark-to-market”? (231)
Riz Mokal: What is an insolvency proceeding? (234)
Amy Held: Cryptoassets as property under English law Pt II: ownership, situs and the circular question of jurisdiction (236)
Matthew Weaver: Re Duomatic: plugging holes and fixing oversights but not all of the time (241)
Tom Marshall, Charles Kerrigan: Warranties in corporate transactions involvng tokens or blockchains: a proposal for a foundational approach (243)
Mary Bear, Jon Burke, Christopher P Duerden, John McGrath, Richard Pugh, John M Timperio, Lindsay Trapp, David E Miller, Eric Zeng: Collateralised Fund Obligations (CFOs): th technicolor dreamcoat of fund finance from a US and UK/EU perspective (248)
Ferdisha Snagg, Laura Prosperetti, Andreas Wildner: A MiCAR for the UK? Or something else altogether? (255)
Spyridon V Bazinas, Georgios Psaroudakis: Security interests in insolvency: UNCITRAL instruments and Greek law compared (259)
In Practice
Monia Volpato, Rachit Agarwal: Intra-group loan agreements: what do finance lawyers need to know? (262)
David Milligan, Daniel Nevzat, Tamara Ubink: “Double materiality”: what does it mean for non-financial reporting? (264)
Marc Craggs, Helen Coverdale: UK government consults on new insolvency model laws (267)
Regulars
EU Update by Aikaterini Theodosopoulu, Vasiliki Pappgagiannopoulou (269)
Case Analysis: by 3 Verulan Buildings, Wilkie Farr & Gallagher LLP and South Square (271)