Home / Banking & Finance / Key developments and horizon scanning / Weekly highlights

Legal News

Lexis®PSL Banking & Finance weekly highlights—4 February 2016

Copyright © 2025 LexisNexis

Published on: 04 February 2016

Published by a LexisNexis Banking & Finance expert

$imgtext$

Article summary

Welcome to the weekly Banking & Finance highlights from the Lexis®PSL Banking & Finance team for the week ending 4 February 2016. This week’s edition of Banking & Finance highlights includes (1) a case on the interpretation of the Loan Market Association’s secondary trading documentation, (2) analysis from Ruth Marken, partner at Olswang, on how the upcoming changes to bearer shares will affect lenders, (3) a Court of Appeal case on tacking further advances to existing security, (4) European Securities and Markets Authority (ESMA) issues opinions on UK pension schemes to be exempt from central clearing, (5) ISDA issues new benchmark guidance, (6) analysis on the Prudential Regulation Authority’s rules on contractual stays in financial contracts governed by third country law, (7) January 2016 issue of IQ: ISDA Quarterly, the International Swaps and Derivatives Association’s newsletter is now online, (8) ESMA issues draft technical standards on settlement discipline under the Central Securities Depository Regulation, (9) analysis on the importance of careful drafting...

Popular documents

Priority between loss reliefs in loss making companies

Priority between loss reliefs in loss making companiesWhy does it matter?A company that is a member of a group and has incurred any of the types of losses available for surrender by way of group relief may, without any further rules, have more than one way in which to use the loss. There are a

What is the difference between an appeal and a review?

What is the difference between an appeal and a review?What is an appeal?An appeal in insolvency proceedings is no different to an appeal in normal litigation. An appeal will be allowed only if the appeal court is satisfied that the decision of the lower court was 'wrong' or 'unjust because of a

Strike out—making an application to strike out a statement of case

Strike out—making an application to strike out a statement of caseA strike out order can be made either following an application by the parties or on the court's own initiative. This Practice Note deals with the scenario of the order being made following a party's application.Making an application

Can shares in a limited company that have not been paid-up at all be cancelled?

Can shares in a limited company that have not been paid-up at all be cancelled?A limited company having a share capital may not alter that share capital, except in the ways listed in section 617 of the Companies Act 2006 (CA 2006). Shares in a company cannot simply be cancelled without following an