Master the intricacies of legal frameworks governing financial transactions and secured lending. Equip yourself with robust, practical legal guidance tailored for drafting, negotiating, and enforcing security agreements. Navigate complex regulatory environments, understand priority issues, and manage risks effectively to protect your clients' interests in the competitive banking and finance sector. Stay updated with the latest legislative changes and judicial decisions to ensure your practice remains compliant and at the forefront of industry standards.
This week's edition of Banking and Finance weekly highlights includes: (1) the LMA publishes updated draft provisions, term sheet and educational note...
Restructuring & Insolvency analysis: In Together Commercial Finance Ltd v Slack, the High Court held that Law of Property Act receivers could sell a...
The International Swaps and Derivatives Association (ISDA) has responded to the Financial Accounting Standards Board (FASB)’s exposure draft on hedge...
The Loan Market Association (LMA) has published updated draft provisions for sustainability-linked loans (SLLs) along with an accompanying term sheet....
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...
Amending security documentsReasons for amending security documents and key risksReasons for amending a security documentThere are situations where parties may consider amending security documents. Common examples include:•the parties want to make changes to the obligations being secured•the chargee
Taking security over cash deposits in bank accountsCash is commonly offered as security for a loan.In commercial lending transactions cash may be offered as security:•as part of a package of security over the whole of a company's assets•in transactions where the borrower is required to reserve
Taking security over insurance policiesRights under insurance policies are a type of contractual right.Lenders can take security over insurance policies by an assignment by way of security. There are also additional protections that a lender can utilise in relation to insurances, such as having its
Taking security over receivablesIn 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 Note: Key features of debentures), and•in transactions where a steady stream of receivables forms a
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