Overview

A brief summary of recent cases and issues relevant to the banking sector from UK law firm Wragge & Co.

This issue includes confirmation from the courts that a finance company is not a private purchaser; that the right to pursue debt needs to be reserved; and that a statutory demand is valid despite the high default interest rate on an underlying loan.

For those short on time, each report in the briefing also includes a ‘things to consider’ summary of the key points of practical action to consider. To read on, click ‘View Briefing’.