• Export Refinancing Facility launched

    On 30 April 2014 UK Export Finance (the operating name of the Export Credits Guarantee Department) launched a £5 billion Export Refinancing Facility (ERF) to support UK exports. The ERF will allow UK exporters to offer long-term financing at competitive rates to overseas buyers who require loans in excess of £50 million to purchase UK […]

  • The Gherkin

    Finance Statute/ Regulation Update

    FAQs on Basel III’s January 2013 Liquidity Coverage Ratio Framework Basel Committee on Banking Supervision; 16 April 2014 The Basel Committee on Banking Supervision sets out frequently asked questions on Basel III’s liquidity coverage ratio, with answers together with any technical elaboration of the rules text and interpretative guidance that may be necessary. Please click […]

  • LMA/ General Finance Update

    LMA Revised Secondary Market Documents On 3 March 2014, the Loan Market Association (“LMA”) published revised versions of its Standard Terms and Conditions for Par and Distressed Trade Transactions, together with related secondary market trading documents, including the secondary trading user guide, funded and risk participation agreements, netting agreements and FATCA riders. The documents have […]

  • The Gherkin

    Finance Case Law Updates

    Greenclose Ltd v National Westminster Bank Plc; Ch D (Andrews J) 14/04/2014 The ISDA Master Agreement (Multi Currency-Cross Border From) 1992 s.12 (a) required notice by one of the specified methods only, using the contract information completed in the Schedule to the agreement. If the Schedule did not provide information necessary for service by a […]

  • Thomas Cooper instructed by Benoit Assou-Ekotto following a charge of misconduct by the Football Association in connection with the use of social media following the Anelka quenelle gesture

    David Brown has been instructed to advise and represent the player in respect of a charge by the Football Association of misconduct and “Aggravated Breach” in accordance with FA Rule E3(1) and Rule E3(2). The FA Sky Sports BBC News

  • Thomas Cooper instructed by player and agent over non-payment of fees by club

    David Brown commences a claim with FIFA on behalf of a player and an agent alleging non-payment of contractual fees by leading European club.

  • The Griffon

    The Griffon

    Sale & Purchase contracts: can buyers avoid payment of deposit after non-performance? Are sellers restricted to a claim in damages of a lesser amount?

  • Finance Focus article

    Astro v Lippo

    Singapore Court of Appeal clarifies that the failure to take active steps earlier to challenge a jurisdictional ruling or set aside an arbitration award does not preclude a party from resisting enforcement on jurisdictional grounds subsequently.

  • Finance Focus article

    Singapore Arbitration – same old, same old or something different?

    The Thomas Cooper Singapore team have seen a marked increase in charterparties and trade contracts referring disputes to Singapore arbitration. The Singapore government has built an impressive infrastructure to support international arbitration in Singapore and has actively been behind efforts to promote Singapore as the obvious and best choice for arbitration in the region.

  • An essential guide to the French joint court Surveyor’s investigation

    There are most commonly two different types of joint surveys conducted in France. The first is arranged informally as between interested parties. The second is the joint survey led by a court appointed expert.