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This week's edition of Banking and Finance weekly highlights includes: (1) Our-round up of key cases from July to September 2024; (2) the UK Government revokes the commencement of section 6 of the Retained EU Law (Revocation and Reform) Act 2023; and (3) the BoE, FCA and RFR Working Group issues statement on the end of LIBOR.
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Loan Market Association (LMA)—latest news on documentationThis Practice Note contains a summary of the latest news from the Loan Market Association (LMA) on LMA documentation and related topics. It is updated and reviewed monthly and covers news since January 2016. For LMA news prior to that date
If planning permission imposes restrictions on a licensed premises opening hours, once operational can the personal licence holder apply for a Temporary Events Notice (TEN) to open for longer hours than those permitted in the planning permission?To use any property for a licensable activity both
Micklefield clausesWhat is a Micklefield clause?It is common for employee share plans to provide that, on termination of employment (or when an employee is given or receives notice of termination of employment), subsisting share awards will be forfeited and subsisting share options will lapse.It is
Financial clean break orders in family proceedingsDuty of the court to consider a clean breakAlthough there is no presumption in favour of there being a financial clean break between parties on divorce, the court is under a duty to consider whether it would be appropriate to exercise its powers so
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