“…For example, in Property Alliance Group Ltd v Royal Bank of Scotland[2018] EWCA Civ 355, [2018] 1 WLR 3529 at [122] to [141], a bank which offered to enter into an interest rate swap with obligations calculated by reference to LIBOR was held to ha…”
“…rary to its “legitimate commercial interests”, pursuant to an implied term of the loan agreement. He cited Property Alliance Group Ltd v Royal Bank of Scotland [2018] EWCA Civ 355, [2018] 1 WLR 3529, where an issue arose whether a lending bank’s right to require a valuation of the secured property at the borrower’s expense was subject to…”