Monthly Highlights: July 2016

Monthly Highlights: July 2016

Welcome to this month’s highlights from the Lexis®PSL Banking & Finance team which cover the key news updates from July 2016.


The following Brexit news analysis has been published on our blog during July 2016:

  • Paul Holland, partner at Dentons examines the implications of the UK's decision to leave the EU on the aviation finance market and considers the impact it could have on existing deals and cross-border arrangements in Implications for aviation finance post-Brexit
  • In Brexit and Material Adverse Change clauses, David Campbell, a partner in Allen & Overy's banking department, considers whether the result of the referendum means that Material Adverse Change clauses (MACs) will now be triggered in loan agreements and mandate letters


The use of electronic signatures in commercial contracts

A joint working party of the Law Society Company Law Committee and the City of London Law Society Company Law and Financial Law Committees has issued a practice note designed to help parties (and their legal advisers) who wish to execute commercial contracts using an electronic signature or enter into a commercial contract with one or more other parties intending to execute the contract using an electronic signature.

Although the practice note does not focus on any one signature method, electronic signatures can take a number of forms, including:

  • a person typing their name into a contract or into an email containing the terms of a contract
  • a person electronically pasting their signature into an electronic version

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About the author:

Neeta has been working as a paralegal in Banking and Insolvency for the past 4 and a half years.

She 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 experience.

Neeta also did a short stint in litigation at the Revenue and Customs Prosecutions Office. 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 Course. She moved to Lexis®PSL in April 2013.