The administrators of Avanti Communications Limited (the “Company”) sought directions from the High Court as to whether purported fixed charges in favour of the secured lenders to the satellite operating business should be...more
Everybody knows that, logically, banks can fail. Few expect them to. Silicon Valley Bank (SVB), the U.S.’s 16th largest bank, was closed on 10 March 2023, and the Federal Deposit Insurance Corporation (FDIC) appointed as...more
3/27/2023
/ Bank Recovery and Resolution Directive (BRRD) ,
Banking Sector ,
Banks ,
EU ,
FDIC ,
Financial Institutions ,
Financial Services Industry ,
Insolvency ,
ISDA ,
Risk Management ,
Silicon Valley
On 23 February 2023, the Loan Market Association (LMA), the Loan Syndications & Trading Association (LSTA) and the Asia Pacific Loan Market Association (APLMA) published updated versions of Green Loan Principles and Guidance,...more
The outlook for 2023 looks uncertain, following another tumultuous year. The collapse of a number of large cryptocurrency exchanges has shone another spotlight on the digital asset market. The financial system’s resilience...more
A recent judgment of the United Sections of the Italian Supreme Court of Cassation, the “ABI Forms Case” clarified the treatment of personal guarantees documented on the basis of the ABI’s (the Italian Banks' Association)...more
What has the U.S. Fish and Wildlife Service got in common with the U.S. banking agencies [1]? Simple: the U.S. Government Accountability Office (the "GAO"), which investigates financial matters on behalf of Congress, has...more