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CHANGE OF CLIMATE OVER LENDERS’ LOSSES

Published by Gbaf News

Posted on October 1, 2013

3 min read

· Last updated: October 1, 2013

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Recent Legal Changes Impacting Lenders

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 .

Court Decisions Strengthen Lenders' Position

“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 Launches New Website

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.

Strengthening Client Relationships Through Digital

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.”

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.”

Key Takeaways

  • Recent case law has bolstered lenders’ confidence in recovering losses in areas like personal guarantees and CMBS.
  • Rosling King is actively informing clients about these beneficial legal developments.
  • The firm has launched a revamped website to enhance digital communication and client engagement.

References

Frequently Asked Questions

What recent legal developments benefit lenders?
Judgements in areas such as personal guarantee enforcement and commercial mortgage‑backed securities have created a more favorable recovery climate for lenders.
How is Rosling King supporting its clients with these developments?
The firm is proactively communicating these case law changes to clients to help them understand and act on their improved position.
What’s new in Rosling King’s digital strategy?
They’ve launched an updated website that clearly presents services, specialist areas, and lawyer profiles, and facilitates client-lawyer connection.

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