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Welcome to the October 2008 issue of Finance Update

Taylor Wessing's Finance e-bulletin

Key issues discussed include:

Syndicated Facilities

Transfers and sub-participations

Security Trustees

When should they enforce?

Trustees

Effectiveness of exoneration clauses confirmed

Insolvency

Who gets to choose the administrator?

Mortgages

Exit administration fees

New mortgage regulations on hold

Limited partnerships

Proposed new legislation

Consumer credit

What is irresponsible lending?

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© Taylor Wessing LLP 2008
This publication is intended for general guidance only and no responsibility is accepted by Taylor Wessing LLP for any errors or omissions. The information in this publication should not be relied upon to replace professional advice on specific matters. Taylor Wessing LLP is a limited liability partnership registered in England and Wales, registered number 0C322935, with its registered office at Carmelite, 50 Victoria Embankment, Blackfriars, London EC4Y 0DX.
Taylor Wessing LLP operates in combination with associated legal entities in other locations.