Financing in UK Law

  • Office of Fair Trading v Lloyds TSB Bank Plc
    • House of Lords
    • 31 October 2007
    ... ... ; and in most cases proceedings by the lender would be unnecessary because the lender is in a position to say to the seller that future financing facilities will be withdrawn unless the seller attends to the complaint and takes greater care in the conduct of his business" ... ...
  • General Electric Company Ltd v Price Commission
    • Court of Appeal (Civil Division)
    • 22 November 1974
    ... ... trading operations of his whole enterprise; including not only the costs of his labourand materials, but also the expense of conducting and financing his trading operations, directors' salaries, overheads, and the like. On the other side you take his receipts from all his sales. The difference is ... ...
  • Astor Management AG (formerly known as MRI Holding AG) and Another v Atalaya Mining Plc (formerly known as Emed Mining Public Ltd) and Others
    • Queen's Bench Division (Commercial Court)
    • 06 March 2017
    ... ... At the next board meeting on 17 September 2014, after discussing the financing options for the company, the board resolved to seek to raise around US$150m through an equity raising ... 26 ... ...
  • Volkswagen Financial Services (UK) Ltd v Revenue and Customs Commissioners
    • Court of Appeal (Civil Division)
    • 28 July 2015
    ... ... It does this by applying a margin for overheads, a profit margin and an allowance for bad debts to its own cost of financing the vehicle. However, the VW brands use a range of incentives to make their cars more attractive to consumers, including discounts and free ... ...
  • Giles v Rhind
    • Chancery Division
    • 24 October 2003
    ... ... denied his connection with MW Foods and on 8 April it was recorded that APAX had been advised against continuing, or at any rate financing, the proceedings against MW Foods. During the same period Netscape, which was the holding company for Belvoir, who were suppliers of SHF, proposed a ... ...
  • Mrs Adelle Challinor and 20 Others v Juliet Bellis & Company (Defendant and Part 20 Claimant) Mr Geoffrey Egan (Second Defendant and Part 20 Defendant)
    • Chancery Division
    • 25 February 2013
    ... ... 382 I also find as a fact that although investors knew (for example, from the Teaser email) that RBS had assisted in financing the transaction, none of them was aware of the tight repayment schedule, nor (more particularly) of the terms of the RBS Equity Bridge and the ... ...
  • Convergence Group Plc and Another v Chantrey Vellacott (A Firm)
    • Chancery Division
    • 31 July 2007
    ... ... further pointed out that the general points made by Mrs Robinson in support of the proposition that structural problems had held up the financing of the project were not ones made exclusively by her and Mr Robinson, but were supported by the evidence that would have been given by other ... ...
  • Revenue and Customs Commissioners v Frank A Smart & Son Ltd
    • Supreme Court (Scotland)
    • 29 July 2019
    ... ... so long as (i) the finance which they raise is spent on funding the business which goes on to make further taxable supplies and (ii) the financing exercise itself remains outside the scope of VAT because it does not involve the taxable person in making any taxable or exempt supplies. FASL does ... ...
  • Camas Plc v Atkinson (Inspector of Taxes)
    • Court of Appeal (Civil Division)
    • 06 May 2004
    ... ... advice on strategy and tactics, the formulation of alternative strategies in relation to a possible merger or a takeover, methods of financing any offer, and appraisal of the financial impact of successful offers for Bardon. They also attended board and other meetings and prepared papers for ... ...
  • Crema v Cenkos Securities Plc
    • Queen's Bench Division (Commercial Court)
    • 16 March 2010
    ... ... What is reasonable may well depend on how the costs of recovery are to be borne. The duty would not extend to Cenkos financing expensive litigation without Mr Crema paying his share of the costs. (2) Cenkos would do nothing to prevent payment of its fees with the ... ...
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