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Lease Negotiations: Top Five Tips

Lease Negotiations: Top Five Tips Posted on Jun 13, 2012 by Helen McGrath  | 0 Comments We recently held a series of ‘Elevator Briefings’ for members of the  Edinburgh Chamber of Commerce . To ensure maximum time for networking (and wine) by the attendees, we spoke for no more than 5 minutes and gave our '5 Top Tips for Lease Negotiations':- 1)      Maximise Flexibility The commercial world is volatile at the moment and your circumstances may easily change over the 2, 3, 5 or 10 year course of a Lease but that does not mean you can’t insert...
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545 Hits

Coronation Street and the IP hotpot plot

Coronation Street and the IP hotpot plot Posted on Jun 06, 2012 by Andy Harris  | 0 Comments Although not an avid soap watcher (honest), when she who controls the TV remote switched to Coronation Street recently, I was delighted to discover an intellectual property sub-plot in the nations favourite soap. It seems the late Rovers Return barmaid Betty bequeathed her special hotpot recipe to her former colleague Sean. However his boss Stella is claiming the recipe is her intellectual property as owner of the bar where Betty worked.  And while it may be unlikely to win any soap awards...
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736 Hits

Pressure on Banks Increases over Interest Rate Swaps: Cat MacLean Quoted in Press

  On a key day in the development of the investigation into the alleged mis-selling of complex financial products to businesses, each of Barclays, HSBC, Lloyds Banking Group and RBS have admitted responsibility in the face of an investigation by the FSA. Cat MacLean has provided analysis to The Scotsman newspaper today on the issue: http://www.scotsman.com/business/banking/interest-rate-swaps-the-latest-focus-of-banking-investigation-1-2382385   MBM Commercial has a significant number of clients who believe they have been mis-sold swaps and greatly welcomes the long awaited FSA finding of misselling by UK’s major banks. For more detailed commentary on the story as it develops, please visit our Banking...
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670 Hits

Interest rate swaps - Grant Estates update

Interest rate swaps - Grant Estates update Posted on May 31, 2012 by Liina Tulk  | 0 Comments Grant Estates update During the last two days of the debate, Mr Iain Mitchell QC for the Grant Estates has had the floor. Yesterday, Mr Mitchell explained that the Pursuer’s submission is that the regulatory regime, correctly construed, prevents RBS from arguing that the contract in question was execution only, as opposed to a contract for advice. Under the Regulatory regime, Mr Mitchell continued, if a bank gives advice, the contract in question becomes a contract for advice, regardless of whether it...
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702 Hits

RBS faces further accusations over interest rate swaps

RBS faces further accusations over interest rate swaps Posted on May 28, 2012 by Cat Maclean  | 0 Comments RBS faces accusers over interest rate swaps, writes the Herald Writing in the Herald this morning , Simon Bain reports that Royal Bank of Scotland is facing a call to "come clean" at its annual meeting in Edinburgh tomorrow on the number of interest rate swap agreements (IRSAs) it has sold to small businesses across the UK. Further pressure is likely to be heaped upon the beleagured bank at the AGM tomorrow when the organisation "Bully Banks" mounts a visual presence...
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