Tag: braganza duty
Showing 6 out of 6 results
17 October 2024
High Court considers first LIBOR cessation test case: key implications for financial institutions
11 August 2022
High Court considers application of COBS and Braganza duty to close out of trading account
30 May 2018
High Court finds bank unreasonably withheld consent to sale of secured property where sale would not have satisfied the secured liability in full
02 October 2017
High Court applies public law standard to the exercise of discretion by a financial institution under a receivables finance agreement
BHL v Leumi ABL Ltd [2017] EWHC 1871 (QB) serves as an interesting illustration of how the Court can import public law principles to the …
26 July 2016
Commercial Court finds commitment letter unsigned by one party to be legally binding
The recent decision of the Commercial Court in Novus Aviation Limited v Alubaf Arab International Bank BSC(c)[2016] EWHC 1575 (Comm), serves as …
18 February 2013
Clearing brokers' duties when exercising close out powers
In the current economic climate, brokers will find the decision of the High Court (UK) in Euroption of considerable interest, since it …