Finance Update - November 2009

19-Nov-2009  |  Banking & Finance, Capital Markets, Financial Institutions & Services

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
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