News & Analysis as of

Indemnity Financial Services Industry

Hogan Lovells

English High Court decides that a letter of comfort creates legal relations

Hogan Lovells on

A version of this article first appeared in Butterworths Journal of International Banking and Financial Law in June 2025. In the case of IDBI Bank Limited v Axcel Sunshine Limited & Ors the English High Court held that,...more

Baker Donelson

Maryland Changes Requirements for Payment of Recordation Tax on Indemnity Mortgages

Baker Donelson on

In good news for commercial real estate lenders and their customers in Maryland, Governor Wes Moore will allow HB 371, which provides recordation tax relief in certain real estate financing transactions using indemnity...more

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