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Bank – Business of banking. The claimant bank, Dexia, and the defendant Italian local authority, Prato, entered into an agreement whereby Dexia became Prato's advisor on debt restructuring and interest rate swaps. Prato failed to meet its obligations under the swaps. Dexia brought proceedings for sums it claimed were due. Prato counterclaimed. The Commercial Court held that Dexia's main claim failed, as the forms it had used had failed to state Prato's right to withdrawal from their agreement.
Bank – Business of banking. The claimant bank, Dexia, and the defendant Italian local authority, Prato, entered into an agreement whereby Dexia became Prato's advisor on debt restructuring and interest rate swaps. Prato failed to meet its obligations under the swaps. Dexia brought proceedings for sums it claimed were due. Prato counterclaimed. The Commercial Court held that Dexia's main claim failed, as the forms it had used had failed to state Prato's right to withdrawal from their agreement.
Sam Townend KC explains the Bar Council’s efforts towards ensuring a bright future for the profession
Giovanni D’Avola explores the issue of over-citation of unreported cases and the ‘added value’ elements of a law report
Louise Crush explores the key points and opportunities for tax efficiency
Westgate Wealth Management Ltd is a Partner Practice of FTSE 100 company St. James’s Place – one of the top UK Wealth Management firms. We offer a holistic service of distinct quality, integrity, and excellence with the aim to build a professional and valuable relationship with our clients, helping to provide them with security now, prosperity in the future and the highest standard of service in all of our dealings.
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Most of us like to think we would risk our career in order to meet our ethical obligations, so why have so many lawyers failed to hold the line? asks Flora Page
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Sam Townend KC explains the Bar Council’s efforts towards ensuring a bright future for the profession
The long-running fee-paid judicial pensions saga continues. The current cut-off date for giving notice of election to join FPJPS is 31 March 2024, and that date now gives rise to a serious problem, warns HH John Platt
