Debt Recovery and Loan Assignment – An update December 2020

2020 posed a number of serious problems for the enforcement of debt claims for all forms of creditors as during the pandemic the Courts Service suspended the ability to litigate simple contract debt claims with any form of efficiency. As the Courts were not open as usual during Level 5 restrictions banks and traders had difficulty litigating their contract claims. This one hour lecture deals with the various legal issues which have arisen during the year in the context of debt recovery and loan reassignment.

Topics covered:

  • Challenges in the pandemic
  • The O’Malley decision
  • Promontoria v Burns and the Business Records Exemption
  • Why do we have “vulture funds”?
  • How does an assignment work?
  • What does it mean in debt enforcement?

Teaching method:  

e-Lecture, PowerPoint;

Duration & pricing:

  • Net-Duration: 1 hour

To book this lecture, please refer to: 2021 Legal CPD programme

CPD-Philanthropy is an independent network of distinguished Barristers/Legal Academics who reduce CPD rates to a minimum, to encourage you/your firm, to make a separate donation directly, to a charity of your choice instead.

Between 2015 and 2020, 2905 Solicitors in conjunction with 651 firms/public bodies, registered their attendance at CPD-Philanthropy training events/activities. Since December 2015, Solicitors pledged support for 167 different charitable projects. We invite you to review more comprehensive information on participating firms/companiesnominated charities and testimonials by clicking the respective link.

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