This topic offers comprehensive resources and practical guidance on navigating the complexities of agreements involving multiple creditors. Designed for banking and finance lawyers, it covers the intricacies of negotiating, drafting, and enforcing intercreditor agreements, ensuring your interests are protected and intercreditor priorities are clearly defined. Stay ahead with targeted insights and best practices to skilfully manage the interconnected relationships and obligations between senior and junior lenders.
The Ministry of Housing, Communities and Local Government (MHCLG) has announced plans to legislate for caps on permission fees charged to leaseholders...
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An introduction to repo and the Global Master Repurchase Agreement (GMRA)Coronavirus (COVID-19): This Practice Note contains information on subjects...
SubordinationSubordination is a way of changing the priority of claims against a debtor so that one creditor or group of creditors (the junior creditor(s)) agree that their debt will not be paid until debts owed to another creditor or group of creditors (the senior creditor(s)) have been paid.This
Introductory guide to Intercreditor AgreementsThis Practice Note provides an introduction to intercreditor agreements and their key provisions. This Practice Note:•explains the purpose of having an intercreditor agreement and when an intercreditor agreement would be used instead of a deed of
Priority between loss reliefs in loss making companiesWhy does it matter?A company that is a member of a group and has incurred any of the types of losses available for surrender by way of group relief may, without any further rules, have more than one way in which to use the loss. There are a
Strike out—making an application to strike out a statement of caseA strike out order can be made either following an application by the parties or on the court's own initiative. This Practice Note deals with the scenario of the order being made following a party's application.Making an application
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