Ian Hammond

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Mortgage payment holiday: Government measures on Covid-19 and considerations for lenders

By Robin Penfold The Chancellor announced that homeowners will be able to claim a three month break from their mortgage repayments if they are unable to repay because of Covid-19. For many consumers, a mortgage is their biggest financial commitment, and the Government’s approach aligns with the FCA’s expectation that lenders will grant flexibility on […]

Hungary: Extraordinary measures impact the Hungarian banking sector

On 18 March the Hungarian prime minister announced extraordinary measures to be taken as a result of the national emergency caused by COVID-19. Most of these measures have a strong impact on the Hungarian economy; in particular, the banking sector.

Coronavirus: CMVM recommendations for holding general meetings

In an informative note published by PLMJ on 6 March we noted that shareholders’ general meetings are a source of danger because they bring together large groups of people. As a result, specific duties of care arise in relation to holding meetings and these apply not only to the chair of the board of the […]

Green certificates: Market now active in Portugal

Ten years have passed since the first law was enacted in Portugal providing for a mechanism of issuing and management of origin guarantees – certificates which provide evidence to customers that the energy being acquired has a “green origin”, i.e., a certain quota of the energy was generated through renewable power sources (mainly hydric, wind […]

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Dechert: second round of layoffs this month

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City lawyers line up on Countrywide restructuring

Freshfields, Halliwells, Linklaters and Slaughters have landed key roles ahead of the potential takeover of Countrywide, the UK’s largest residential estate agency. Ashurst, Freshfields Bruckhaus Deringer, Halliwells, Linklaters and Slaughter and May have landed key roles ahead of the potential takeover of Countrywide, the UK’s largest residential estate agency. Countrywide, which is owned by US […]

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Husband and wife barrister duo Joanna Smith and Mark Vanhegan will walk down the aisle together again when they both take silk before the Lord ­Chancellor next month. Husband and wife barrister duo Joanna Smith (pictured) and Mark Vanhegan will walk down the aisle together again when they both take silk before the Lord ­Chancellor […]

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Fox Hayes loses FSA negligence appeal

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