The Court of Appeal has upheld the decision in the North East Property Buyers litigation that "SARB" vendors do not have overriding interests giving them priority over lenders who fund the purchase from the vendors on the security of first legal mortgages. This briefing details the decision.
Law Firm: 4 New Square | Published: 30 January 2012 | Practice Area: Mortgages and Security
Wragge & Co's banking and finance team outline the latest on the cases and issues affecting the lending industry. This update looks at mortgage fraud; first past the post for creditors; disclosure of employees' names; and the OFT's mental capacity guidance for consumer credit businesses.
Law Firm: Wragge & Co | Published: 31 October 2011 | Practice Area: Regulation and Compliance
The Securities and Investment Business Act, 2010 came into force in May 2010. It was the biggest change to the BVI investment funds legislative framework since the Mutual Funds Act, 1996 came into force. This briefing considers its impact a year on and discusses some of the more important changes.
Law Firm: Harneys | Published: 12 July 2011 | Practice Area: Securitisation
Hadef & Partners discusses practical considerations for lenders considering executing foreclosure proceedings.
Law Firm: Hadef & Partners | Published: 06 June 2011 | Practice Area: Mortgages and Security
In this edition of Middle East exchange Herbert Smith focuses on the jurisdiction of the DIFC Courts in light of some recent case law and discusses the proposed amendments to the Saudi real estate and mortgage laws.
Law Firm: Herbert Smith | Published: 07 March 2011 | Practice Area: Cross Border
Taylor Wessing summarises the key issues in taking and enforcing security in the main European jurisdictions and provides a general guide.
Law Firm: Taylor Wessing | Published: 22 February 2011 | Practice Area: Securitisation
The latest edition of Eversheds’ financial institutions briefing includes a judgment relating to the Financial Ombudsman Services, mortgage regulations and the delay of the Bribery Act.
Law Firm: Eversheds | Published: 17 February 2011 | Practice Area: Regulation and Compliance
The Security Interests (Jersey) Law 1983 is set to be replaced in the late 2011 or early 2012 by the Security Interests (Jersey) Law 201-(the new Law). Mourant Ozannes provides an overview of the key changes.
Law Firm: Mourant Ozannes | Published: 10 February 2011 | Practice Area: Securitisation
January’s finance bulletin from Travers Smith provides an overview of some recent market developments and trends in the finance sector and also features a spotlight on the commercial mortgage-backed securitisation structures.
Law Firm: Travers Smith | Published: 09 February 2011 | Practice Area: Corporate Financing
The financial crisis has resulted in various proposals to change the rules surrounding the treatment of loans by lenders, many of which are still in the process of discussion and implementation. Allen & Overy provides the full details.
Law Firm: Allen & Overy | Published: 09 February 2011 | Practice Area: Capital Markets and Debt Securities
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