Blandy & Blandy (England) was able to assist Westside Law Firm (Russia) in relation to the terms and conditions of business, or rulebook, for an online collateral management platform. Westside’s Russian client was establishing an online collateral management platform which would employ advanced distributed ledger technologies. This fin-tech project is aimed at providing additional guarantees relating to goods pledged to a lender thus increasing the value of a collateral. The rulebook was to be subject to English Law and so Blandy & Blandy was able to liaise with Westside Law Firm and advise on the form of the rulebook and on technical aspects such as the enforceability of electronic signatures under English law.
