THE LAW: BANKING & FINANCE
WHAT'S IT ALL ABOUT?
Almost everyone will, at some stage, borrow money and this is essentially what banking and finance involves. While individuals may require a loan to buy a house or a car, companies often require more versatile and complex loans for far greater amounts of money.
This can involve a large number of parties and a great deal of documentation. It is the task of the banking lawyer – acting for either the borrower or the lender - to prepare these documents and ensure their party’s interests are fairly reflected in them.
BANKING & FINANCE NEWS
28/04/08
Pinsents wastes no time in bagging third PFI deal
Accountancy firm Pannel Kerr Foster (PKF) helped Pinsent Masons bag an instruction from a new entrant into the waste PFI market - the family-owned Donarbon.
more »28/04/08
Hammonds bags Barclays funding mandate
Hammonds' Birmingham team has acted for Barclays Bank as funder to the private equity-backed management buyout of crisps manufacturer Tyrrells Potato Chips.
more »01/04/08
A&O, Freshfields bag £15m from Northern Rock
A&O and Freshfields Bruckhaus Deringer have made at least £15m in combined fees from the collapse of Northern Rock, it was revealed yesterday.
more »BANKING & FINANCE FEATURES
Finance and global reach key as magic circle seeks inroads into US
Cracking the US legal market has been one of the toughest challenges faced by the UK's magic circle.
full article »
East lightning
The booming economies of the Middle East, with their basis in Islamic finance, are inspiring UK and US law firms to scale up their operations in the region.
full article »
City Law in Practice: Raising funds
There are a number of methods by which companies can raise capital. Lawyers working on corporate transactions must be aware of them.
full article »