Events of defaultThis Practice Note considers:•the purpose of events of default included in facility agreements•common events of default relating to...
WarrantsIP COMPLETION DAY: 11pm (GMT) on 31 December 2020 marks the end of the Brexit transition/implementation period entered into following the UK’s...
Perfecting security over aircraft and registering security on the UK Register of Aircraft MortgagesIP COMPLETION DAY: 11pm (GMT) on 31 December 2020...
Borrowing base facilities—key terms in the facility agreementA borrowing base facility ('BB Facility') is a working capital line designed to provide...
What is the quoted eurobond exemption?IP COMPLETION DAY: 11pm (GMT) on 31 December 2020 marks the end of the Brexit transition/implementation period...
Getting ready to enforce securitySummaryA secured creditor has a variety of remedies available to it to realise value from the security. However, it...
Does the maxim ‘once a mortgage always a mortgage’, aligned to the equity of redemption principle, apply to prevent the mortgagee from transferring a...
Do the 'ipso facto' provisions of the Corporate Insolvency and Governance Act 2020 apply to a lease, ie is a landlord a supplier of goods or services...
What does ‘substantially the whole’ mean in the context of a QFC appointment?Where is it relevant?Paragraph 14(1) of Schedule B1 to the Insolvency Act...
If a lender makes a loan to a company in a company voluntary arrangement (CVA) which is secured by way of a legal charge, can the lender then rely on...
I am doing a document review and one of the security documents has not been registered at Companies House. What are the consequences of this and what...
How do I find out whether a statutory demand or bankruptcy petition has been served on an individual for personal insolvency by a creditor?Statutory...
Can an unsecured creditor assign its debt in an administration estate?A party wishing to file a claim for their debt in an administration must submit...
Can you change the terms of a facility agreement over the phone or by email, or do you need an amendment agreement?STOP PRESS: On 16 May 2018 in the...
Sign-in
Help
COVID-19
