CHANGE OF CLIMATE OVER LENDERS’ LOSSES

Rosling King, solicitors which specialise in acting for banks, financial institutions, corporations and serving the needs of the property market, said today recent case law had created a climate where lenders could be more confident of recovering losses.

Owen Rafferty
Owen Rafferty

Owen Rafferty, senior partner, said: “We have seen from judgements handed down in a variety of cases across the sectors in which we operate which have changed the picture significantly. These  involve  a range of issues from personal guarantee recovery to  mitigating losses in  commercial mortgage-backed securities .

“Clients would obviously prefer to find a solution to such issues without the need for litigation but it is evident the courts have created a favourable platform which enables lenders to have more confidence in considering their options.
“As a firm we are actively communicating these developments to clients.”

Rosling King is pleased to unveil today its new website, www.roslingking.com and is committed to developing its digital communications.

The site takes a fresh approach to detailing services and highlighting specialist areas of practice as well as featuring the lawyers dedicated to serving the needs of clients.

www.roslingking.com also makes getting in touch with Rosling King lawyers even easier and enables new clients identify which partner or senior associate would be most relevant to their requirements.

Mr Rafferty said: “Our partners and associates have forged long-standing relationships with clients built on mutual trust and respect and how we communicate with clients and potential clients has become increasingly important. We felt it is right that our people are at the forefront of all our communications.

“Apart from creating a new website we are also committed to developing other forms of digital communication that we believe will help the people we work with even more.”

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