Pre Budget Report – what does it mean?
Today’s PRB was fairly boring. Unless you are a bank. Or a banker. Or a shareholder of a bank (which I suppose includes all of us).
So let’s get the bankers out of the way before looking at...
Sector
Banking & Finance
Our dedicated team handle contentious banking matters and transactional finance work, including refinancing, asset-based funding and property finance.
We are regularly instructed by lenders, borrowers and investors across a wide range of deals involving a cross section of leveraged finance, senior debt and private equity investments and asset finance funding in a variety of combinations, with a particular emphasis on real estate. Our clients include investment and clearing banks, developers, hedge funds, venture capital trusts and high-net worth individuals. On the M&A side, we regularly undertake structured and leveraged finance and private equity instructions. We can also advise on specialised tax driven transactions, re-financings, sales and leasebacks and lending to specialised vehicles such as limited partnerships or offshore entities.
Key team contact
Richard Phillips 020 7842 3335
richard.phillips@mablaw.com
Latest news and views about Banking & Finance
RSSQueen’s Speech 2009: How will it affect employers?
The Queen's Speech was given on 18 November 2009. While it outlined the Government's legislative programme for 2010, Parliament will have to be dissolved before 3 June 2010 – the last date that the next...
Supreme Court gives long-awaited ruling that banks’ charges cannot be considered for reasonableness under Consumer fairness laws – OFT v Abbey National, House of Lords…
Under the Unfair Terms in Consumer Contracts Regulations 1999, as between a supplier and a consumer, any contractual terms not individually negotiated shall be unfair and therefore unenforceable if they...
New case: Consumer credit requests for information
The claimant had sent a request to the bank for information under section 77 of the Consumer Credit Act 1974. For a period of time, the bank could not locate the loan agreement and so could not comply...
New case: The nature of possession proceedings
This is an interesting case as it sets out the nature of possession proceedings under CPR 55.
In this case, an order for possession of a property had been made in the absence of the defendant and...
Mortgage review
The FSA has published proposals for the major reforms required in the UK mortgage market to ensure that it works better for consumers and is sustainable for all market participants.
The proposals, published...
