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    <description>The latest financial services news from Blake Lapthorn</description>
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      <title>the EU directive that could cause repossessions to soar</title>
      <description>Our Finance group looks at an obscure EU directive that is pushing its way through the European Parliament that could cause a sharp rise in the number of home repossessions in the UK and hike up the cost of lending.</description>
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      <pubDate>Tue, 28 Feb 2012 00:00:00 GMT</pubDate>
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      <title>the financial crisis: an uncomfortable truth?</title>
      <description>Head of our Finance group, Kath Shimmin, challenges the assumption that the credit crisis and the woes that have flowed from it are entirely the workings of the shadowy evil geniuses in the 'City'.</description>
      <link>http://www.bllaw.co.uk/sectors/finance/news_and_updates/financial_crisis.aspx</link>
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      <pubDate>Tue, 28 Feb 2012 00:00:00 GMT</pubDate>
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      <title>the Finance Services Bill</title>
      <description>Our Finance team reviews the Financial Services Bill which was introduced by the Government on 26 January 2012 and which, subject to royal assent, the Government expects to be in place by early 2013.</description>
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      <pubDate>Mon, 27 Feb 2012 00:00:00 GMT</pubDate>
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      <title>Padden v Bevan Ashford - a salutary tale</title>
      <description>Our Banking team considers this case which demonstrates that the Etridge Rules must be followed by solicitors, regardless of whether the advice is free and the client is determined to proceed.</description>
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      <pubDate>Thu, 09 Feb 2012 00:00:00 GMT</pubDate>
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      <title>enforceability of guarantees</title>
      <description>Our Commercial Recoveries and Litigation teams consider the helpful guidance on personal guarantees given by the Queen's Bench Division in the recent case of United Dominion Trust Ltd v Dohil.</description>
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      <pubDate>Mon, 23 Jan 2012 00:00:00 GMT</pubDate>
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      <title>JD Cleverly Ltd and Cwmbran Motors Ltd v Family Finance Limited</title>
      <description>Our Finance group reviews this case that demonstrates the importance of risk management for finance companies, particularly where transactions are of a high value or involve a large number of contracts with the same supplier.</description>
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      <pubDate>Fri, 13 Jan 2012 00:00:00 GMT</pubDate>
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      <title>investors face uphill battle to recover losses arising out of the chaos of the financial crisis</title>
      <description>Our Commercial Litigation team highlights how investors who have suffered losses in the crisis have turned to the courts to try and recover their losses from the banks who sold them poorly performing investments.</description>
      <link>http://www.bllaw.co.uk/sectors/finance/news_and_updates/investor_loss_recovery.aspx</link>
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      <pubDate>Thu, 12 Jan 2012 00:00:00 GMT</pubDate>
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      <title>OFT publishes new guidance for credit brokers and intermediaries</title>
      <description>Our Commercial Litigation team spotlights the publication in November 2011 by the OFT of new guidance for brokers, intermediaries and those consumer credit and hire businesses that employ or use their services.</description>
      <link>http://www.bllaw.co.uk/sectors/finance/news_and_updates/oft_broker_guidance.aspx</link>
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      <pubDate>Thu, 12 Jan 2012 00:00:00 GMT</pubDate>
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      <title>signed, but is it delivered?</title>
      <description>Our Banking team considers recent case law surrounding the validity of documents executed as deeds and the issues that may arise.</description>
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      <pubDate>Thu, 24 Nov 2011 00:00:00 GMT</pubDate>
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      <title>side agreements that vary contracts may not necessarily discharge a surety's liability under a bond</title>
      <description>Our Banking team looks at the recent decision in Hackney Empire v Aviva Insurance UK Ltd and the effect a side agreement may have on altering a contract.</description>
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      <pubDate>Tue, 22 Nov 2011 00:00:00 GMT</pubDate>
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