Collyer Bristow’s financial disputes team to host update meeting

Collyer Bristow’s banking and financial disputes team will be hosting an update on some of the developments of the last six months.

Janine Alexander considers the implications for business borrowers and banks of the Court of Appeal decision in PK Airfinance Sarl v Alpstream AG that there is a heavy burden on secured lenders to justify the price obtained when they sell mortgaged assets to connected parties.

Guest speaker Derrick Dale QC of Fountain Court Chambers will provide an update on cases on a duty of good faith arising in commercial contracts and how the courts view that in the context of finance contracts.

In light of the forthcoming FCA Review into the activities of the RBS Global Restructuring Group, Robin Henry will comment on the recent judgment in the Angel Group Ltd case where conflict liquidators were appointed to pursue claims by a director that the bank and the administrators consipired to artificially distress the companies.