Davenport Lyons: we are not on the verge of administration

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Latest Briefings

Capital markets round up: December 2018

By John Hamer, Debbie Jackson, Richard Naish,Daniel O’Gorman The second edition of Capital Markets Update- The monthly briefing from the Corporate Group at Walker Morris rounding up the month’s developments within the equity capital markets and looking ahead to next month

Jersey: Changing rights and responsibilities of landlords and tenants

By Katharine Marshall Letting out property in Jersey was once a strictly private affair between a landlord and a tenant but, for some tenants, this came at the risk of uncertainty, an uneven playing field and at worst exploitation. It is now more than five years since the first in a series of laws and regulations […]

Litigation: Enforcement of foreign judgments in Romania

By Ioan Roman, Alexandra Ichim, Anca Baitan Which domestic laws and regulations govern the recognition and enforcement offoreign judgments in your jurisdiction? The recognition and enforcement of foreign judgments in Romania are governed by: • Book VII, Title III of the Civil Procedure Code (Law 134/2010), which was published in the Ofcial Gazette (Part I,545) […]

High Court dismisses BT’s appeal on RPI

By Ian J Gordon, Chris Edwards-Earl BT has lost its attempt to convince the Court of Appeal that it should be able to move away from the retail prices index (RPI) for indexation of benefits for one of the sections of its pension scheme. The Court of Appeal upheld the High Court judgment that RPI had not […]

Guernsey’s code of market conduct

By Ben Morgan, Miranda Dunlop The European Union’s Market Abuse Regulation (MAR) introduced in 2016 continues to present real challenges for businesses seeking to issue certain forms of listed debt securities on any EU regulated market, multi-lateral trading facility or organised trading facility. Guernsey is not part of the European Union and has its own market abuse […]

Recommended

More comfort for public authorities on resource allocation decisions

LB Islington is the latest in the line of cases challenging cuts to services as a result of the straitened circumstances in which public bodies now find themselves. Here, Wragge & Co outlines the background to the case and the court’s decision and provides a comment on its impact for public bodies. In July 2013, the second […]

Case update — performance bonds

The Court of Appeal has reinforced the position that the primary liability to pay under a performance bond is entirely separate from the relationship between the parties to the underlying contract. The case in question was the Court of Appeal hearing of the Wuhan Guoyu Logistics Group v Emporiki Bank of Greece [2013] EWCA Civ 1679. The […]

State insolvency — what bondholders and other creditors should know

Practically every aspect of financial law is regulated and controlled to the highest degree. Not so state insolvency. When a state becomes bankrupt, there are no bankruptcy laws. There is no regulation of the insolvency. There are no stays on creditors, no realisations of the assets, no compulsory disclosure of financial condition, no cram-downs, no […]

Banking, finance and capital markets

Schoenherr advises on banking, finance (including project and acquisition finance), debt restructuring and re-financing, acquisition and disposition of distressed assets and loan portfolios, claims trading, capital market transactions (including equity/equity linked, hybrid, debt and regulatory capital issuances) funds, derivatives, structured finance, securitisations and other financial services. We provide transactional and regulatory advice. In addition, we […]

Banking & Finance Litigation Update — Issue 73

This update is produced by DLA Piper’s banking and finance litigation team and contains a summary of news and legal developments that have affected the banking and finance industry over the last month. Contents Domestic banking  Domestic general  European banking  European general  International banking  International general  Press releases Click on the link below to read […]

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