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Email Loan investors and traders take note of the Judgment of the UK Supreme Court on 11 March 2015 in Tael One Partners v Morgan Stanley & Co International PLC [2015] UKSC 12. The Court addressed the treatment of loan “premium” under the LMA Standard Terms and Conditions and whether it is for the account of the Seller or the Buyer. https://www.cadwalader.com/resources/clients-friends-memos/premium-in-whose-interest