Articles by author
Preserving guarantor liability: another look
In this Spotlight article, Richard Salter KC takes a further look at how well the sort of Guarantee and Indemnity provisions commonly found in standard LMA-based Facility Agreements are likely to survive changes to the underlying facilities, and considers the implications of the recent decision of the Supreme Court in Cobalt Data Centre 2 LLP v HMRC [2024] UKSC40, [2024] 1 WLR 5213.
9 JUN 2025Preserving guarantor liability: an update
In this article, Richard Salter QC provides an update to his 2017 article on the “purview doctrine”, which offered practical pointers to those called upon to document variations in syndicated lending transactions secured by a guarantee.
1 DEC 2021Case Analysis – April 2023
Richard Salter KC of 3 Verulam Buildings and the University of Oxford reports on a recent banking law case from Hong Kong, Charlotte Eborall of 3 Verulam Buildings reports on a recent banking law case and Paul Fradley of South Square and Matteo Clarkson Maciel report on a recent restructuring law case
1 APR 2023Are leveraged LDI strategies lawful?
In this Spotlight article, Richard Salter KC discusses the legality of the use by defined benefit pension schemes of repos to achieve leverage as part of their liability driven investment (LDI) schemes.
1 FEB 2023Book Review - March 2024
Professor Sir Ross Cranston of London School of Economics reviews a recent title which outlines the 1980s debt crisis, sets out how a solution was found and has a relevance for today and Richard Salter KC of 3 Verulam Buildings reviews the new edition of Paget’s Law of Banking
1 MAR 2024
