Understand the intricacies involved in financing large-scale ventures through our specialised guidance designed for legal professionals. Stay abreast of the latest developments by mastering the detailed structuring, risk management, and regulatory demands essential for successful project finance. Tap into practical resources, expert opinions, and innovative strategies to proficiently advise clients and enhance project results in the Banking & Finance sector.
The International Securities Lending Association (ISLA) has announced the publication of the 2026 Netting Opinions, providing critical legal certainty...
Banking & Finance analysis: This News Analysis discusses the case of Boult v Together Personal Finance Ltd, in which the court applied the rule in...
The International Capital Market Association (ICMA) has submitted a response to the US Securities and Exchange Commission’s (SEC)'s Notice of Request...
The Global Financial Markets Association (GFMA) has published a report on the role of digital money in capital markets, examining current use cases,...
Invoice discounting and factoringThe popularity of financing business through the invoice discounting and factoring of receivables has grown...
Foreign exchange (FX) derivativesWhat is a FX derivative?A foreign exchange (FX) derivative is a type of derivative whose payoff depends on the FX...
Types of debt securitiesWhat are debt securities?In the context of the debt capital markets, the term 'debt security' means a financial instrument,...
An introduction to repo and the Global Master Repurchase Agreement (GMRA)Coronavirus (COVID-19): This Practice Note contains information on subjects...
Project accounts and the accounts agreementIn a typical project finance transaction, the lenders rely heavily on the revenues generated by the project for repayment of the loan. As a result, project finance lenders will impose strict restrictions on how the project company uses its cash. This
Direct agreements in project finance transactionsWhat is a direct agreement?Direct agreements are very common in project finance transactions.A direct agreement is an agreement which gives the lenders to the project direct rights in respect of a key project document (for the meaning of ‘project
Offtake contracts—key issues for project finance lendersMost projects are underpinned by a complex web of contractual relationships between all the parties involved in the project (eg the project company, equity investors, contractors, sub-contractors, offtakers and suppliers). These documents are
What is the difference between an appeal and a review?What is an appeal?An appeal in insolvency proceedings is no different to an appeal in normal litigation. An appeal will be allowed only if the appeal court is satisfied that the decision of the lower court was 'wrong' or 'unjust because of a
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