Articles - DAC Beachcroft

Articles

April 2016

Banking and Finance Disputes Update - April 2016

Banking and Finance Disputes Update - April 2016

DAC Beachcroft's Banking & Finance Disputes Update focuses on events occurring within the banking, financial, city business and general regulatory ...

FCA bans ex-RBS LIBOR Submitter for involvement in rigging rates. But its reasoning is questionable.

FCA bans ex-RBS LIBOR Submitter for involvement in rigging rates. But its reasoning is questionable.

This month the FCA published its Final Notice banning Mr Paul White ("Mr White"), a former LIBOR Submitter and trader at RBS from working in the finan ...

Panama Paper Leak: The implications for financial compliance

Panama Paper Leak: The implications for financial compliance

The leak of confidential files by the Panamanian law firm, Mossack Fonseca, two weeks ago has highlighted the reputational risks of engaging in off-sh ...

Financial List decision significantly narrows applicability of Article 3(3) Rome Convention in interest rate swaps transactions

Financial List decision significantly narrows applicability of Article 3(3) Rome Convention in interest rate swaps transactions

In Banco Santander Totta SA v Companhia de Carris de Ferro de Lisboa SA & others, a decision with potentially significant implications for parties ...

The Commercial Court provides guidance on the interpretation of defined terms and the implication of terms in complex commercial contracts

The Commercial Court provides guidance on the interpretation of defined terms and the implication of terms in complex commercial contracts

The claim concerned a series of transaction documents entered into as part of a structured note offering, the Anthracite Series 26 Note programme. The ...

Swap Mis-selling Claim Struck Out: Bank Wins Again

Swap Mis-selling Claim Struck Out: Bank Wins Again

In the case of WW Property Investments Ltd v National Westminster Bank Plc [2016] EWHC 378 (QB) the Claimant, ("WW") sought to advance a number of see ...

The "Wight" decision: Rectification claim succeeds to assist Claimant in swaps litigation

The "Wight" decision: Rectification claim succeeds to assist Claimant in swaps litigation

LSREF III Wight Limited ("Wight"), the Claimant is an Irish company which was the successor in title to a claim for an early termination payment.  The ...

Guidance on aggregation under the SRA Minimum Terms

Guidance on aggregation under the SRA Minimum Terms

AIG Europe Limited v OC320301 LLP (formerly The International Law Partnership LLP) & The Law Society (Intervener) [2016] EWCA 367

Supreme Court hands down judgment in riot litigation

Supreme Court hands down judgment in riot litigation

Mayor’s Office for Policing and Crime ("MOPC") v (1) Mitsui Sumitomo Insurance Co (Europe) Ltd (2) Tokio Marine Europe Insurance Ltd & Others Over ...

Changes in insolvency law set to affect D&O insurers

Changes in insolvency law set to affect D&O insurers

Several provisions of the Small Business Enterprise and Employment Act 2015, which will come into force on 1 October 2015, are likely to have an impac ...