Overview

The latest update on UK banking law from law firm Wragge & Co contains details and analysis of recent cases relevant to the sector.

This issues include details on American Express Services Europe PE Limited v Brandon and the fact that a default notice is technically non-compliant will not necessarily invalidate the notice if it can be shown the borrower has suffered no prejudice as a result of the non-compliance; as well as North Shore Ventures Ltd v Anstead Holdings Inc and others, which determined that a guarantee will not be void for non-disclosure where the guarantor could reasonably be expected to know about the matters allegedly not disclosed.

The contents page can be read below – to read on, click ‘View Briefing’.

CONTENTS

• No prejudice to borrower
• Guarantee not void for non-disclosure
• Administration orders and limitation periods
• Surveyor's duty of care
• A right to subrogation