Property Alliance Group (‘PAG‘) is a property investment and development company with a large portfolio of property. Fifteen years ago, in 2003, the Royal Bank of Scotland (‘RBS‘), began to.. read more
This case is the most recent in a number of cases brought in the English courts by Italian local authorities against banks. The banks are not necessarily English but the.. read more
Is expert evidence needed in Interest Rate Hedging Product (‘IRHP‘) mis-selling disputes? To replace existing IRHPs the claimant company entered into a number of new such products with Lloyds, some.. read more
This case, decided in the Chancery Division of the High Court, centres on the question of whether an internal swap can be classed as a “funding transaction” for the purposes.. read more
Mr Bailey borrowed some £1.26m from Barclays in 2007, with a variable rate of interest, for the purchase of business property occupied by the second claimant, a company wholly owned.. read more
The Claimant Greenclose was a family business and the major shareholder and MD, Mr Leach, was described by the judge as an astute and sophisticated businessman who understood the nature.. read more
UK High Court reluctantly upholds bank disclaimer of liability after negligent sales The fallout from the 2008 Credit Crunch provided yet another court decision last week about the duties banks.. read more
Kays was a family-owned company which owned a country house hotel. They entered into a loan agreement with Barclays in 2005 to borrow £1.34m repayable over 20 years. Before the.. read more
Also see Graiseley Properties Ltd (Guardian Care Homes) v Barclays Bank PLC – Part 1. Interest Rate Swap and LIBOR Fixing Case In an agreement reached this week Graiseley properties,.. read more
Interest Rate Swap Case. After months of anticipation and an intervention by the Financial Conduct Authority this case was quickly dealt with by the Court of Appeal, after an initial.. read more
