Table of contents
- Sustainable finance and ESG weekly round-up
- Sustainable finance and ESG weekly round-up
- Lending
- Murfet and another v Property Lending LLP and another company
- On-demand bonds
- Court requires issuer to pay out on an on demand bond despite questions over the nature of the contractor’s default (Power Projects Sanayi v Star Assurance)
- Aviation finance
- Unusual rectification of a novation agreement (SATA Internacional v Hi Fly Ltd)
- Sustainable finance
- ICC releases Wave 3 of the Principles for Sustainable Trade
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Article summary
This week's edition of Banking and Finance weekly highlights includes: (1) ICC releases Wave 3 of the Principles for Sustainable Trade; (2) ICMA updates its Guidance Handbook to cover questions surrounding Sustainability-Linked Bonds; and (3) news analysis on the Power Projects Sanayi v Star Assurance case which required the issuer to pay out on an on demand bond despite questions over the nature of the contractor’s default.
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