Guide to banking and insolvency law December 2007

United Kingdom

Welcome to the December issue of The Heavyweight, a comprehensive guide to this month's banking and insolvency law. Some things to note this month:

  • The case of Pitts v Jones, where the court looked at whether an undertaking was an indemnity or a guarantee and whether it was enforceable (page 7);
  • The consultation issued on whether buy-to-let funding should be exempt from the CCA when the financial limit of £25,000 disappears on 6 April 2008 (page 18);
  • The draft guidance issued by the Financial Reporting Council on Auditor Liability Limitation Agreements (page 22).

I hope you find this issue useful.