Finance Update - November 2009
Welcome to the November 2009 issue of the Finance Update.
Lawyers
Key issues discussed include:
- Payments from a law firm's client account in breach of the terms of a facility agreement - could the law firm be liable?
- Problems for 'loan to own' schemes - mortgages and repossession
- Interpretation of Intercreditor arrangements
- Effect of Administration on prime brokerage arrangements
- New rules for Banking
- British Property Federation pre-pack questionnaire
- FSA Liquidity requirements
- Consumer credit
- Consumer credit directive
- FSA regulated mortgages
- Credit and store cards