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Callum Caldwell

Callum Caldwell is a future pupil barrister at XXIV Old Buildings.

future pupil barrister

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Calling a spade a spade: substance over form in covenants restraining further borrowing

This article explores whether negative covenants restraining borrowers from assuming further borrowing at certain interest rates might be evaded and the importance of treating interest as a matter of substance not form.

27 FEB 2026