Article summary
This week's edition of Banking and Finance weekly highlights includes: (1) the Banking & Finance March 2022 cases round up, (2) the case of Lombard North Central plc which looks at the interpretation of events of default and waiver clauses in a loan agreement, and (3) news analysis on Smile Telecoms Holdings Limited where the English court approved the restructuring plan which is the first to exclude out-of-the-money stakeholders from voting on the plan, and the first to compromise shareholders’ rights in a foreign company.
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