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The Supreme Court has denied lenders a claim for equitable compensation for a solicitors’ breach of trust that exceeds that of the actual loss caused.
The banking litigation team has been named Law Firm of the Year by Mortgage Finance Gazette in recognition of its investment in its specialist legal expertise.
The CMA is to make a ‘Phase 2’ market investigation reference in relation to the supply of retail banking services to personal current account customers and SMEs.
This is a cautionary tale for lenders to take care that their rights under an ‘all monies’ clause are not lost when enforcement action is taken against individual security in separate actions.
A corporate team from Walker Morris has advised Endless on the acquisition and merger of office2office with Vasanta Group Holdings.
The Financial Reporting Council has published changes to the UK Corporate Governance Code.
In Richmond Pharmacology Ltd v Chester Overseas Ltd, Chester held 44 per cent of the shares in Richmond.
In Shafi v Rutherford, the Court of Appeal considered the completion accounts clause in a share purchase agreement, by which the final consideration was to be determined.
Mis-selling of interest rate swaps download
The drop in interest rates that accompanied the downturn in 2008 left many borrowers confronted with much higher-than-expected payments to lenders.
The Supreme Court has published its final decision in the North East Property Buyers litigation that has provided crucial clarity on priority interests in land.
The UK Supreme Court has published its final decision in the North East Property Buyers litigation case, in which Walker Morris represented one of the lenders.
When a court assesses the amount of costs payable by one party in litigation proceedings to another, the costs may be assessed on either a standard basis or an indemnity basis.
Rights of a subrogated creditor download
Subrogation is a remedy allowing a party to step into the shoes of another party assuming the benefit of any rights that second party may have in relation to a liability.
Walker Morris has advised Symington’s on its acquisition of certain of the business and assets of The Tanfield Food Company for an undisclosed sum.
Specialist corporate lawyers at Walker Morris have advised Westhouse Securities on the share placing by cloudBuy to raise £4.3m.
The Pensions Regulator has finally reached a compromise in respect of the Financial Support Directions it issued in connection with the Lehman Brothers pension scheme.
Finance Bill 2014 download
On 17 July 2014, the Finance Bill received royal assent and became the Finance Act 2014 (FA 2014).
Walker Morris has advised Spirit Capital and the management team at the oil and environmental services business Adler & Allan on its secondary buyout.
The Walker Morris Housing Group has won a four-year appointment to Procurement for Housing.
Corporate lawyers from Walker Morris have advised Straight on its sale to a subsidiary of Irish outfit One Fifty One for approximately £10.7m.