Green and Rowley v Royal Bank of Scotland [2013] EWCA Civ 1197 In October 2013 the Court of Appeal made yet another finding in favour of a bank following a claim by a disgruntled customer for mis-selling. This time the claim focused on the sale of an interest rate swap as a form of hedge […]
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Harry Chrisp promoted to Partner at Gibson & Co.
Gibson & Co. are delighted to announce the promotion of Harry Chrisp to Partner. Harry, who joined Gibson & Co.Solicitors Ltd in November 2011 works out of our Hexham Office. He specialises in property law with an emphasis on agricultural, commercial and residential transactional work. He was praised in the 2013 edition of the Legal […]
Collateral Transformation
An article in the Financial Times last week (5 March 2013) discussed the latest idea in the derivatives market: the business of “collateral transformation”. As a reaction to the global financial collapse, regulators are introducing a clearing system for the majority of over-the-counter derivatives. They are requiring parties to run their derivatives trades through so-called […]