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Contract – Construction of contract. The Financial List considered issues concerning the rights attaching to the Class X note in a commercial mortgage-backed securitisation structure called 'Windermere VII', which had been arranged by Lehman Brothers International (Europe) in 2006. It rejected the claimant note holder's contention that the terms of an intercreditor agreement disclosed a mistake, which could be corrected by construction or by implication of words. It held, among other things, that there had not been an underpayment of the Class X interest amount for the January 2015 or October 2015 payment dates for loans made under the CMBS structure and no event of default had occurred as a consequence.
Contract – Construction of contract. The Financial List considered issues concerning the rights attaching to the Class X note in a commercial mortgage-backed securitisation structure called 'Windermere VII', which had been arranged by Lehman Brothers International (Europe) in 2006. It rejected the claimant note holder's contention that the terms of an intercreditor agreement disclosed a mistake, which could be corrected by construction or by implication of words. It held, among other things, that there had not been an underpayment of the Class X interest amount for the January 2015 or October 2015 payment dates for loans made under the CMBS structure and no event of default had occurred as a consequence.
The age of criminal responsibility, extreme weather and conflict resolution – plus, new protocol for reporting bullying at the Bar
By David Green
Mário Barroso, Head of R&D and Method Development at AlphaBiolabs, examines the forensic science underpinning hair drug testing, its evidential scope and limitations, and why it remains the gold standard for evidencing patterns of drug use in family proceedings
Unlocking your aged debt to fund your tax in one easy step. By Philip N Bristow
Clement Cowley, Partner at The Penny Group, discusses the upcoming changes to pensions and Inheritance Tax and the potential impact on your financial future
Save the Children UK is the latest charity to benefit from a £500 donation from AlphaBiolabs via the company’s Giving Back initiative
Barrister apprenticeships – shortly to provide the fourth pathway to the Bar – are an ideal opportunity to support local talent and ‘grow your own’, say Tim Coulson and Dr Jane Dennehy
Solicitor General Ellie Reeves KC MP discusses her decade as a trade union and employment law barrister, the demands of life as a Law Officer and the number one priority shaping her work. Interview by Anthony Inglese CB
A decade of reviews and research has disrupted accepted thinking in the search for causality. Suicides following abuse have overtaken domestic homicides. Is the law keeping up? Professor Susan Edwards KC (Hon) examines recent cases and the obstacles to successful prosecution
Why every major sporting event needs an anti-corruption policy. By Louis Weston
At least not that way, says Richard Paige
