Published July 2026

Recent legal developments

Our briefings explain current decisions and regulatory updates in clear language. They provide general information and are not a substitute for advice on a specific matter.

Banking & Finance

Loan Repayment and the Limits of Frustration

A July Commercial Court ruling reinforces that a borrower seeking leave to defend must identify a genuine triable issue, and that frustration does not ordinarily erase an obligation to repay money already received.

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