On March 5, 2024, the Supreme Court of the State of New York, ruled that an obvious scriveners error in a guaranty, exempting a guarantor from full recourse liability for the loan’s debt, could be corrected to impose personal liability.
In the recent case of Re VE Global UK Ltd (In Administration) [2024] EWHC 749 (Ch), the High Court explored whether a certificate of registration issued by Companies House can be considered as conclusive evidence of due registration of security. The ruling and the considerations made in this case highlight the importance of ensuring that the relevant security document that is being presented for registration is drafted sufficiently and the process for registration is followed meticulously.
Greenwashing remains at the top of enforcement agendas in 2024. There is growing awareness that many corporate claims regarding positive environmental impacts, sustainability and carbon-neutrality do not tell the whole story or are simply inaccurate. In light of that growing awareness, regulatory authorities are taking action to minimise greenwashing and enhance consumer protection. Among these is the UK’s Financial Conduct Authority (FCA). In our recent Client & Friends Memo, we take a detailed look at the FCA’s recently published guidance for companies outlining how they can ensure they comply with the authority’s new anti-greenwashing rule.
Read the memo from Jason Halper, Duncan Grieve, Alix Prentice and Sharon Takhar here.
Here is a rundown of some of Cadwalader’s recent work on behalf of clients:
