31 August 2010 | Steven Mills
His Honour Judge Waksman has delivered another judgment in favour of lenders. The claims all related to the interest rates stipulated on a regulated agreement relating to credit cards. The central...
Tags on this discussion: APR banking banks consumer credit consumer credit act consumer laws consumer protection contractual term interest interest rate
24 August 2010 | Steven Mills
BIS, the Department for Business Innovation & Skills has published a quick start guide and more detailed guidance on the regulations implementing the Consumer Credit Directive.
Please see the link...
Tags on this discussion: banking banks consumer credit act consumer credit directive
21 July 2010 | Steven Mills
The Bribery Act will:
Introduce a corporate offence of failure to prevent bribery by persons working on behalf of a business. A business can avoid conviction if it can show that it has adequate procedures...
Tags on this discussion: bribery Bribery and Corruption
21 July 2010 | Karen Jacobs
Consumer Affairs Minister, Edward Davey has announced a review of consumer credit and personal insolvency. The review will cover:
How consumers enter into credit commitments, including the way in...
Tags on this discussion: banking banks consumer credit act consumer protection credit Insolvency lenders loan
20 July 2010 | Kerry Talbot
In a recent case in which I was involved, the proposed representative had acted as advocate on behalf of the claimants on a number of previous applications both in a prior set of proceedings in connection...
Tags on this discussion: banking banks civil procedure McKenzie friend rights of audience
14 July 2010 | Jackie Hanlon
Tightening of regulation was inevitable given the financial turmoil that followed the global economic downturn which exposed the flaws in the UK mortgage market. Clear regulatory guidelines are welcomed...
8 July 2010 | Clare Stothard
The Supreme Court has given judgment in favour of Southern Pacific Personal Loans Limited (“SPPL”).
The appeal raised the question of what is the meaning of “credit”, the “amount of credit”...
6 July 2010 | Michael Delaney
the 1st October 2011, the Agency Workers Regulations 2010 are due to come into force. The time between publication of the final Regulations and them coming into force was intended to give recruitment agencies...
Tags on this discussion: agency workers Employees Employers
1 July 2010 | Steven Mills
Although the trustees, in this case, did not assert any general principle that a trustees’ lien for their own expenses should prevail over the bank’s registered rights as mortgagee, they asserted...
Tags on this discussion: charge debenture priority receivers security trustees
24 June 2010 | Karen Jacobs
Can a court make a finding of actual undue influence even if this is not pleaded? Even where a finding of undue influence is made, if one part of the transaction is not affected by the undue influence,...
Tags on this discussion: banking banks mortgage mortgages undue influence
