Finance Update - April 2010

Welcome to the April issue of Finance Update.

Anwälte Elaine Ashplant

This month we look at:

• Mortgages: concealing an affair can be undue influence
• Registration of security: a consultation
• Islamic finance and Islamic ISDA
• Definition of change of control
• New rules for demand guarantees
• Part payment defeats limitation defence
• Consumer credit: EU Directive implementation
• Pre-pack adminstrators not entitled to have their pre-appointment costs treat as administration expenses
• Consultation on Pre-packs
• Interpretation of contracts: meaning of 'winding-up'
• Anti-deprivation clauses: the US Court begs to differ