Q&As

If a lender assigns a loan and its supporting guarantee to another lender (assuming there are no restrictions on assignment in the loan or guarantee documentation), is the validity of the guarantee affected in any way?

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Published on LexisPSL on 12/07/2017

The following Banking & Finance Q&A provides comprehensive and up to date legal information covering:

  • If a lender assigns a loan and its supporting guarantee to another lender (assuming there are no restrictions on assignment in the loan or guarantee documentation), is the validity of the guarantee affected in any way?

If a lender assigns a loan and its supporting guarantee to another lender (assuming there are no restrictions on assignment in the loan or guarantee documentation), is the validity of the guarantee affected in any way?

We refer you to Practice Note: Guarantor protections and how to exclude them in guarantee documentation—waiver of

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