Who we are and what we do – Mutual Matters – Spring 2017Print publication
Candlelighters charity challenges
Several members of the Banking Litigation team are rising to the charity challenge this year, as they train to take part in the Yorkshire 3 Peaks in aid of Candlelighters, Walker Morris’ charity for 2017, in July. The more the merrier for what promises to be an enjoyable event and a highly worthwhile cause, so please get in touch with Louise Power if you’d like to join in!
Sharing our experience… with the CML!
At the CML Arrears and Possession Conference in April we spoke about Walker Morris’ recent successes with an alternative approach for lender clients who find themselves faced with risks to their security when borrowers fall into lease arrears and landlords threaten forfeiture.
We also updated the conference delegates on Walker Morris’ drive, in conjunction with one of our key retail lender clients and the CML, to implement a new Pre-Action Protocol – the draft Pre-Action Protocol for Claims based on Forfeiture of Long Residential Leases – which seeks to address the common problem that the first a lender hears about a leasehold borrower’s financial difficulties is often when the landlord seeks to forfeit the lease, by which time the lender’s options might be limited.
(We will publish a briefing on these interesting and innovative developments shortly, so watch this space!
Regular client reviews
Partner Andrew Bennett has recently conducted one of his regular rounds of reviews with the Heads of Legal of some of our clients to see what are the key ‘hot topics’ for them. The clear winners were the new General Data Protection Regulation and the Payment Services Directive (PSD2), on both of which Walker Morris’ Regulatory team (lead by Jeanette Burgess) are currently advising extensively. Please contact Andrew or Jeanette if you would like any advice or information.
Richard Sandford was very happy to be invited to deliver training to a high street lender client recently, on topics ranging from professional negligence and commercial property valuations, to shortfall recovery routes and procedures.
All of Walker Morris’ specialist lawyers are happy to help clients with their individual training requirements. If you would be interested in speaking to us about your business’ training needs, please do not hesitate to get in touch.