The uncertain economic climate has led to unprecedented challenges in the finance sector. It is more difficult than ever to get your deals done.
Our easy-to-follow practice notes (covering a wide range of specialisms) walk you through the whole process: what you need to do, when and why. So that difficult or unfamiliar areas make sense, fast.
Our comprehensive drafting notes mean you'll know when to push a point - and when to let it go. Plus, you can follow direct links to what's happening in the market from the Journal of International Banking and Financial Law, as well as links to commentary from texts such as Lingard's Bank Security Documents, Fuller's Law and Practice of International Capital Markets, Henderson on Derivatives, Paget's and Halsbury's Laws. Underpinning it all are direct links to legislation and cases.
Which means that you spend less time looking for the answers. And more time making sure the funds flow.
There are five main types of set-off: • independent set-off (sometimes known as legal set-off or statutory set-off) • transaction set-off (also known as equitable...
Debentures are used in many types of financing where it is desirable to take security over all of the assets of a particular entity. They are a form of umbrella document,...
A lender's primary concern is that it is repaid. Even if a lender obtains a judgment for payment of the sum owed to it by its borrower, this does not mean that a lender...
Guarantees are typically used in banking transactions as a form of collateral for a debt. In such circumstances, they are a contractual arrangement where one party (the...
Coronavirus (COVID-19): Transaction planning will need to take into account the impact of coronavirus (COVID-19) on execution of documents and company filing and...
There are four main types of security available under English law: • mortgage • charge • pledge, and • lien This Practice Note explains: • the nature of a charge...
Contractual rights are a type of chose in action, ie something that is recoverable by legal action as opposed to something that is physically possessed. Security over...
Set-off is a complex yet important concept in legal proceedings generally and for many different types of transaction. Independent set-off and transaction set-off can...
In financing transactions, conditions precedent are the conditions that need to be fulfilled for funding to occur. This Practice Note explains: • the nature of conditions...
Once security is validly created it is binding as between the security provider and the secured party. However, the security is not necessarily binding on third parties...
Land (or real property) is commonly offered as security for a loan. In this context, land has more relevance than some other assets because it can be used in personal...
Guarantees (see Practice Note: Guarantees) and third party security (see Practice Note: Third party security) from individuals are relatively common forms of credit...
What is a debenture? In the context of secured lending, the term 'debenture' means a form of security agreement that grants security interests over a broad range of the...
In commercial lending transactions receivables are typically offered as security: • as part of a package of security over the whole of a company's assets (see Practice...
This Practice Note sets out certain key cases and associated relevant content in relation to guarantees. The cases are divided by topic area and include: • cases relating...
Legal opinions are used in the vast majority of financing transactions. They are usually either a condition precedent to funding or a condition precedent to the signing...
