High Court considers RBS's liability for structured lending facility
The recent decision by the English High Court in Torre Asset Funding Limited & anr v The Royal Bank of Scotland plc1 ...
… considered whether RBS was liable to an investor, Torre, in relation to structured lending facility arranged by RBS for Dunedin Property Industrial Fund (Holdings) Limited ("Dunedin"). Dunedin went into administrative receivership in late 2008 which led to significant losses to the lenders in the finance structure, including Torre. For the full article click here.
- [2013] EWHC 2670 (Ch)