This analysis addresses the priority dispute between Zambezi Bank’s floating charge and the subsequent fixed charge created in favour of Kabulonga. The central issue is whether a negative pledge clause in Zambezi Bank’s floating charge debenture is effective in preventing Kabulonga’s fixed charge from gaining priority. The outcome is determined ...
Read MOREAdvice Regarding Section 58(1) of the Penal Code Act 2010 and the Conduct of Banking Business
This advice addresses your enquiry as to whether the ordinary conduct of banking business, specifically a bank’s use of funds ...
Read MOREIs a borrower liable for interest when repayment is prevented by a freezing injunction?
The question as to whether a borrower remains liable for the accrual of interest on a loan, where the act ...
Read MORELegal Advice on Banking Practice and Section 58(1) of the Penal Code Act 2010
To: Neo From: A Legal Academic Assistant Date: 20 October 2023 Re: Your enquiry regarding the potential conflict between standard ...
Read MOREAdvice for Neo on Banking Law and Section 58(1) of the Penal Code Act 2010
Introduction This advice addresses the enquiry raised by Neo, a fourth-year law student, regarding a potential conflict between the ordinary ...
Read MOREIs it true that the conduct of banking business contravenes section 58(1) of the Penal code Act?
## Introduction The question presented involves a fundamental conflict between a common understanding of property rights and the specific legal ...
Read MOREBank Melli Iran v. Barclays Bank (DCO) Ltd. (1951)… did the bank make the payment or not
This assignment will examine the High Court decision in *Bank Melli Iran v Barclays Bank (DCO) Ltd* (1951) to answer ...
Read MOREAre Stablecoin Safeguarding Rules Enough to Protect Consumers Without Stifling Innovation?
Introduction The rapid growth of the stablecoin market — reaching a global capitalisation exceeding $150 billion by early 2024 — ...
Read MOREWill the UK’s cryptoasset market abuse regime make digital finance safer?
Introduction The meteoric rise of cryptoassets has presented a profound challenge to traditional legal and regulatory paradigms. Hailed by some ...
Read MOREShould the FCA’s motor finance redress scheme prioritise fairness over market certainty?
The Financial Conduct Authority (FCA) has recently launched a significant intervention into the historical motor finance market, specifically concerning discretionary ...
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