Banking

BNY Mellon Corporate Trustee Services Ltd v LBG Capital No. 1 plc and another company [2015] EWHC 1560 (Ch), [2015] All ER (D) 44 (Jun)

The Chancery Division considered whether the defendant issuers, wholly-owned subsidiaries of Lloyds Banking Group plc, were entitled to redeem certain enhanced capital note in advance of their respective maturity dates. That turned on whether a capital disqualification event (CDE) had occurred. The court considered the terms of relevant trust deed and made a declaration that a CDE had not occurred.

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MOVERS & SHAKERS

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Thackray Williams—Lucy Zhu

Dual-qualified partner joins as head of commercial property department

Morgan Lewis—David A. McManus

Firm announces appointment of next chair

Burges Salmon—Rebecca Wilsker

Director joins corporate team from the US

NEWS

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NLJ this week: Policing the safeguards when appointing trust corporations

What safeguards apply when trust corporations are appointed as deputy by the Court of Protection?

NLJ this week: What the court considers when assessing refusal of ADR

Disputing parties are expected to take part in alternative dispute resolution (ADR), where this is suitable for their case. At what point, however, does refusing to participate cross the threshold of ‘unreasonable’ and attract adverse costs consequences?

NLJ this week: Finding innovative ways to fund the justice gap

When it comes to free legal advice, demand massively outweighs supply. 'Millions of people are excluded from access to justice as they don’t have anywhere to turn for free advice—or don’t know that they can ask for help,' Bhavini Bhatt, development director at the Access to Justice Foundation, writes in this week's NLJ

NLJ this week: Two’s company, but three’s a crowd in financial provision cases

When an ex-couple is deciding who gets what in the divorce or civil partnership dissolution, when is it appropriate for a third party to intervene? David Burrows, NLJ columnist and solicitor advocate, considers this thorny issue in this week’s NLJ

Charities Appeals Supplement: March 2026

NLJ's latest Charities Appeals Supplement has been published in this week’s issue

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Banking

MOVERS & SHAKERS

Thackray Williams—Lucy Zhu

Morgan Lewis—David A. McManus

Burges Salmon—Rebecca Wilsker