Delve into the intricate landscape of non-traditional banking securities with our comprehensive, practical guidance. Covering every aspect from drafting and enforcing guarantees to deciphering the subtleties of comfort letters, our resources cater to banking and finance professionals. Elevate your legal expertise with authoritative insights that enable you to advise clients proficiently and reduce risks effectively.
The International Capital Market Association (ICMA) has published the results of the European Repo and Collateral Council 's (ERCC) 50th semi-annual...
UK Finance has published its response to the Financial Conduct Authority’s (FCA) consultation on aligning sustainability-related disclosures with...
This week's edition of Banking and Finance weekly highlights includes: (1) the decision in the UniCredit Bank GmbH case in which the Supreme Court...
The Supreme Court has unanimously dismissed the appellants’ appeal and allowed the respondent’s cross-appeal in UniCredit Bank GmbH, London Branch v...
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...
Taking a guarantee or third party security from an individual—undue influenceGuarantees (see Practice Note: Guarantees) and third party security (see Practice Note: Third party security) from individuals are relatively common forms of credit support in financing transactions.For example, in
In what circumstances do I really need to worry about commercial (or corporate) benefit?This Q&A explains when it is necessary to analyse whether an obligor in a banking transaction is receiving a commercial benefit (also called a corporate benefit) for participating in the transaction and why
Guarantor protections and how to exclude them in guarantee documentation—waiver of defences clausesGuarantees are a contractual arrangement where one party (the guarantor) agrees to answer for the liability of another party (the principal) to another party (the guaranteed party).The common law has
Releasing guarantors by agreement between the partiesThis Practice Note looks at releasing a guarantor by agreement between the parties but it is important to note that there are a number of other circumstances in which the liability of a guarantor which has guaranteed the obligations of one or more
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