Banking
Banking law is crucial to a company at all stages of its existence.
First, in the promotion, formation and management of a company, the importance of sound financing is paramount: in raising loan or share capital, banks usually play the most prominent role in a company's existence.
Secondly, if the company faces insolvency, relations with its bankers are among the most important issues in its struggle for survival.
Finally, if the company collapses as a result of fraud, unsecured creditors will often try tracing its money through the recipients' bank accounts, while the banks are usually seeking to establish their own priority as debenture-holders.
Consequently chambers has also developed a wealth of experience in banking law.
We also have particular expertise in banking business transfer schemes under FSMA 2000.