LMA Quarterly Briefing Q1 2018: Plant v Vision Games and Singularis v Daiwa Capital Markets Europe

LMA Quarterly Briefing Q1 2018: Plant v Vision Games and Singularis v Daiwa Capital Markets Europe

In this briefing, Natalie Butchart, a solicitor in the LexisPSL Banking & Finance team, looks at the case of Plant and another (administrators of Relentless Software Ltd) v Vision Games 1 Ltd and others [2018] EWHC 108 (Ch), which considered whether or not a lender had any security or other proprietary interest in the proceeds of certain tax credits of a borrower that was in administration where the parties had entered into generic security documentation. The briefing also reviews the case of Singularis Holdings Ltd (in official liquidation) (a company incorporated in the Cayman Islands) v Daiwa Capital Markets Europe Ltd [2018] EWCA Civ 84, which considered whether a bank was liable for negligence pursuant to the Quincecare duty.

Click here to read the full briefing.

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About the author:

Neeta started her legal career at Allen & Overy in 2008 in the midst of the global financial crisis and the collapse of Lehmans where she gained most of her paralegal experience.

Neeta also did a short stint in litigation at the Revenue and Customs Prosecutions Office in 2006. Neeta graduated with a 2:1 honours degree from University of London, Queen Mary College and went on to obtain a distinction from the College of Law in the Legal Practice. She has been working at Lexis Nexis since April 2013.