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Bank – Securities. The proceedings concerned bonds that had been issued by the Republic of Argentina. The bonds had been issued but, following default by the Republic, had been replaced by new bonds if the bond holders had wished. The claimant bondholders had not accepted the transfer and had retained their original bonds. Proceedings had taken place in New York concerning the rank of the various bonds and payments made by the Republic to the first defendant bank in respect of the new bonds. The claimants, who included holders of the original bonds, had applied to the High Court for declarations and injunctive relief regarding a payment made by the Republic to the bank in respect of the new bonds. The Chancery Division adjourned the application for declarations to allow the new bondholders an opportunity to intervene and refused, in the circumstances, to grant injunctive relief where the New York court had already ordered that the bank was to retain the money.
Bank – Securities. The proceedings concerned bonds that had been issued by the Republic of Argentina. The bonds had been issued but, following default by the Republic, had been replaced by new bonds if the bond holders had wished. The claimant bondholders had not accepted the transfer and had retained their original bonds. Proceedings had taken place in New York concerning the rank of the various bonds and payments made by the Republic to the first defendant bank in respect of the new bonds. The claimants, who included holders of the original bonds, had applied to the High Court for declarations and injunctive relief regarding a payment made by the Republic to the bank in respect of the new bonds. The Chancery Division adjourned the application for declarations to allow the new bondholders an opportunity to intervene and refused, in the circumstances, to grant injunctive relief where the New York court had already ordered that the bank was to retain the money.
Update from the Chair of 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
The Chief Legal Officer to the Metropolitan Police, barrister Brett Welch, tells Anthony Inglese CB about his mission and the work to turn the Met around
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
Born from a grievance, their research project grew into a book and is now challenging the status quo. Emma Price and Emma-Louise Fenelon reveal the key findings – and the critical next steps
Grok around and find out – or not? Mariya Peykova investigates the nudification scandal, what the law has to say about sexually explicit deepfakes, and whether stronger regulation is needed
Oliver Lewis spotlights an overlooked yet rapidly evolving area of law – coercive and controlling behaviour within care contexts
