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: 2023 Legal CPD programme

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