Corporate case studies

Case study one

Our corporate team recently acted on behalf of shareholders of an energy and fuel company on the verge of some very significant technological breakthroughs which could potentially revolutionise the use of diesel engines. The shareholder group sought substantial additional funding for the exploitation of worldwide patents that would further the research capability throughout the globe and bring this new technology ever closer to realisation. This necessitated not only the negotiation of investment terms and a shareholder agreement, but also obtaining patent licenses and ancillary agreements to allow the research to progress.

Case study two

Acting on behalf of a major high street and international bank, we successfully defended our client in a case based around implied and agreed terms of a customer’s overdraft facility. Having charged the standard interest rate of 17.4% APR to the customer rather than the higher rate usually applied to unauthorised overdrafts, the customer challenged this claiming that as there was no official agreement in place and no application for an overdraft had been made, his loan rate of 2.5% should instead be applied. As it is a well established matter of banking law that an account in arrears is counted as a request for an overdraft, the ruling was made in favour of our client concluding that the bank had been entitled to charge interest at its standard rate.