Liability of buyer of loan to account to seller for any part of payment premium paid by borrower that is attributable to period before completion of sale
In TAEL One Partners Ltd (as general partner of the Asian Entrepreneur Legacy One LP) v Morgan Stanley & Co International plc [2013] EWCA Civ 473, the Court of Appeal held that, on the true construction of the Standard Terms and Conditions for Par Trade Transactions of the Loan Market Association (the LMA Terms), the […]