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Loan Market Association documentation: UK news analysis, market developments and case law updates (2011–2025)

Practice notes
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Relevant News Analysis

The Lexis+® UK practical guidance team consistently releases insights on the LMA and its documentation, set out below in reverse date order.

  • 14 July 2025 - Exercising assigned rights prior to enforcement (Vietjet Aviation Joint Stock Company v FW Aviation (Holdings) 1 Ltd): This analysis considers Vietjet Aviation, where the court distinguished a lender’s immediate ability to exercise rights assigned under a security document from its right to enforce, which only arises following an ‘enforcement event’. It also affirmed the broad Argo Fund interpretation of “financial institution”. The loan’s transfer mechanics reflected LMA standard documentation.
  • 12 February 2024 - Revised Guidance for Green, Social, and Sustainability-Linked Loans External Reviews-what has changed?: Following the LMA’s 25 January 2024 update to its Guidance for Green, Social, and Sustainability-Linked Loans External Reviews, this analysis outlines the alterations and the key features of the revised guidance.
  • 13 June 2023 - Significant decision on characterisation of fixed and floating charges (Re)
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Web page updated on 28/05/2026

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