News & Analysis as of

Loans United Kingdom Coronavirus/COVID-19

Ankura

Fraud and Corruption in Covid Bounce Back Loans - A Perspective for Lenders

Ankura on

Under the government Bounce Back Loan Scheme (BBLS), small businesses struggling due to the pandemic could obtain a fully government-secured loan of up to £50,000 with no repayments required for the first 12 months....more

Conyers

Key Takeaways from Airline Economics Dublin 2025

Conyers on

The 2025 Airline Economics Conference in Dublin highlighted several key trends and challenges currently shaping the aviation industry, with a particular focus on the leasing sector, sustainability, profitability, and...more

White & Case LLP

NPL market dynamics are changing, possibly for good

White & Case LLP on

What does the future hold for NPLs? There's still plenty of business to be done, but buyers and sellers alike will need to change tack to get the most from the available opportunities....more

Hogan Lovells

Banking and finance regulatory news, May 2021 # 3

Hogan Lovells on

COVID-19: FCA statement on regulatory treatment of Recovery Loan Scheme - The FCA has published a statement on the regulatory treatment of the UK Recovery Loan Scheme (RLS), which was launched on 6 April 2021 as part of the...more

McGuireWoods LLP

Budget Launches Task Force to Uncover Exploitation of the UK Government’s COVID-19 Financial Rescue Schemes

McGuireWoods LLP on

In today’s budget, UK Chancellor Rishi Sunak announced a £100 million Taskforce to scrutinise claims made under business support schemes designed to help companies and workers navigate their way through the economic impact of...more

Morrison & Foerster LLP

COVID-19 Support Measures: What Should Directors Be Thinking About As These Ease?

As the UK Government’s COVID-19 support measures ease, there are a number of considerations that directors should be thinking about... ...more

Katten Muchin Rosenman LLP

Structured Finance Year in Review and the Outlook for 2021 | Key Takeaways

On December 8 and 10, Katten’s Structured Finance and Securitization Department presented the “Year in Review and Outlook for 2021” webinar series. Topics covered by Katten attorneys and guest speakers include the impact of...more

King & Spalding

Lenders’ Duties when Enforcing Security

King & Spalding on

Against the backdrop of the Covid-19 pandemic and global economic slowdown, we are being asked by borrower and lender clients alike whether lenders have a duty of care as regards enforcement. Two recent cases before the...more

White & Case LLP

Regulators determined to keep SOFR transition on track

White & Case LLP on

The disruption to capital markets caused by the COVID-19 pandemic has not shifted the overall timeline of regulators and industry bodies for the replacement of US dollar LIBOR with SOFR by the end of 2021. With the expected...more

Hogan Lovells

Banking and finance regulatory news, June 2020 #3

Hogan Lovells on

COVID-19: EBA extends application date of guidelines on moratoria on loan repayments - On 18 June 2020, the European Banking Authority (EBA) announced that it is extending the application date of its guidelines on...more

Hogan Lovells

Consumer finance regulatory news, June 2020 #2

Hogan Lovells on

COVID-19: FCA proposes further support for credit card, personal loan and overdraft customers - On 19 June 2020, the UK Financial Conduct Authority (FCA) published proposed updated temporary guidance for firms relating to...more

Dorsey & Whitney LLP

UK Government Assistance for Businesses in the COVID-19 Crisis

Dorsey & Whitney LLP on

The UK Government has made a number of further announcements in connection with initiatives designed to assist businesses and individuals during the COVID-19 crisis. These are as follows...more

Orrick, Herrington & Sutcliffe LLP

COVID-19 UK: Finance - Large Business Loan Scheme launched and available to PE owned and large companies - Insight

Further to the Chancellor's announcement on 3 April 2020 (which we covered in COVID-19 UK: Finance - Mind the Gap - Insight and COVID-19 UK: UPDATE: Finance - Mind the Gap - Insight), the U.K. Government officially launched...more

Orrick, Herrington & Sutcliffe LLP

COVID-19 UK: Technology - Future Fund Scheme: Orrick Collaborates on Law Firm COVID-19 Task Force Advising HM Treasury on New Loan...

On 20 April 2020, the UK Government announced a new scheme to provide financing to UK start-ups and scale-ups in the form of a convertible loan which is invested directly by the Government, alongside a company's existing...more

Cadwalader, Wickersham & Taft LLP

COVID-19 Update: FCA Publishes Final Guidance on Temporary Financial Relief for Consumer Credit Customers Affected by COVID-19

Background - As discussed in a previous clients and friends memorandum, on 2 April 2020, the UK Financial Conduct Authority (“FCA”) proposed a number of temporary measures designed to support users of certain consumer...more

Cadwalader, Wickersham & Taft LLP

COVID-19 Update: FCA Sends “Dear CEO” Letter to UK Banks on Lending to SMEs and Responsibilities of Senior Managers

On 15 April 2020, the UK Financial Conduct Authority (“FCA”) published a “Dear CEO” letter sent to the leaders of UK banks on lending to small and medium-sized enterprises (“SMEs”) during the COVID-19 pandemic....more

McDermott Will & Schulte

Special Report - COVID-19 Update: Adrressing Liquidity Risk - April 2020

This document provides a summary of the policy changes that have been announced in multiple jurisdictions in response to the COVID-19 crisis. We have selected the most relevant topics, which may be of interest for managing...more

McDermott Will & Schulte

COVID-19 Disruption Puts Pressure on Businesses, Tightens Focus on Directors’ Duties

Few businesses are able to escape the significant disruption caused by the Coronavirus (COVID-19) pandemic and the strict measures imposed by governments to protect their citizens. The pandemic is putting pressure on...more

Cadwalader, Wickersham & Taft LLP

COVID-19 Update: FCA Proposals on Temporary Financial Relief for Consumer Credit Customers Affected by COVID-19

Background - On 2 April 2020, the UK Financial Conduct Authority (“FCA”) proposed a number of temporary measures designed to support users of certain consumer credit products during the adverse economic conditions in the...more

Hogan Lovells

Consumer finance regulatory news, April 2020 #2

Hogan Lovells on

COVID-19: FCA consumer credit temporary relief measures - On 2 April 2020, the UK Financial Conduct Authority (FCA) launched consultations on a range of targeted temporary relief proposals to help credit card, store card,...more

Cadwalader, Wickersham & Taft LLP

COVID-19 Update: The UK Government and Regulators Respond to the COVID-19 Pandemic

Background - On 25 March 2020, the UK Government published a letter sent by the Chancellor of the Exchequer, the Governor of the Bank of England and the CEOs of the UK Prudential Regulation Authority (“PRA”) and the UK...more

Morgan Lewis

UK Government – ‘£330 billion of Guarantees’

Morgan Lewis on

In response to the coronavirus pandemic, the UK government announced “£330 billion of guarantees,” which is divided into two schemes: the Covid Corporate Financing Facility and the Coronavirus Business Interruption Loan...more

A&O Shearman

Liquidity, MAC and Cessation of Business in English Law Loan Financings

A&O Shearman on

The COVID-19 pandemic and the responses adopted by governments around the world to mitigate its human cost will have a considerable impact on economic activity. We are seeing the forced closures of businesses and restrictions...more

White & Case LLP

Covid Corporate Financing Facility: further details released

White & Case LLP on

In our client alert entitled "Government-backed initiatives to support businesses impacted by the Coronavirus" we gave an overview of various measures announced by the UK Government to help UK business through the economic...more

Orrick, Herrington & Sutcliffe LLP

COVID-19 UK Insight: TCG – Government assistance and support for SMEs

The global outbreak of Coronavirus (COVID-19) is having a significant impact on businesses globally. This is particularly true for the start-up industry as companies may be facing immediate cash-flow, debt and staffing...more

27 Results
 / 
View per page
Page: of 2

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
- hide
- hide