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As Eurozone concerns continue so does the market's focus on the role that loan documentation has to play in addressing potential redenomination risk. In this update to our earlier briefing The Eurozone Crisis and Loan Agreements (November 2011), we highlight...

On 27 July, the Supreme Court handed down its long awaited judgment in the case Belmont Park Investments PTY Limited -v- BNY Corporate Trustee Services Limited and Lehman Brothers Special Financing Inc (LBSF). Although there were no surprises – the decision...

Express obligations to negotiate documents in good faith are often encountered in financing transactions, particularly in commitment papers. Before 2005, it was accepted law that an obligation to negotiate in good faith was not enforceable. The Court of Appeal's...