05/20/2022
The Court therefore found that, although the termination notice did not specify a valid event of default, the notice was valid as it satisfied the contractual requirements conditions for a termination notice, as prescribed in the loan agreement.
05/18/2022
It therefore rejected what would have represented a significant extension of the duty which would have required banks to monitor transactions for fraud not only with their customers in mind, but also any beneficial owners.
05/06/2022
At the Sheriff Appeal Court all procedural hearings, including permission hearings, will take place via WebEx or by written submissions.
04/22/2022
Other financial losses could result from the loss of the bargain, according to the court, which cited potential costs associated with a re-procurement exercise as an example.