This overview is a guide to the Irish Banking & Finance content within the Completion and post-completion subtopic, with links to appropriate materials.
'Completion' is the point in a lending transaction when loan monies move between parties and the transaction is 'completed'. In a simple corporate facility, this involves money moving from the lender(s) to the borrower. In other types of financing, such as acquisition or asset financing, this typically involves money moving from the lender(s) to the borrower and then from the borrower (as purchaser) to the seller of the business or asset. For more information, see Practice Note: Ireland—Preparing for completion in a loan transaction.
The first significant step towards completion in a loan transaction is 'signing', when the parties execute the agreed versions of the transaction documents and the deal becomes binding (albeit, in most cases, subject to satisfaction of certain conditions precedent to funding). Typically, the lender's lawyers co-ordinate the execution process with the borrower’s lawyers assisting, either through a physical signing meeting or, more commonly, by a virtual signing. For more information, see Practice Notes: Ireland—How to arrange execution...
To view the latest version of this document and thousands of others like it, sign-in with LexisNexis or register for a free trial.
**Trials are provided to all LexisNexis content, excluding Practice Compliance, Practice Management and Risk and Compliance, subscription packages are tailored to your specific needs. To discuss trialling these LexisNexis services please email customer service via our online form. Free trials are only available to individuals based in the UK, Ireland and selected UK overseas territories and Caribbean countries. We may terminate this trial at any time or decide not to give a trial, for any reason. Trial includes one question to LexisAsk during the length of the trial.
Ireland—Banking & Financial Services analysis: This article was written by Ian Duffy, partner (Technology and Innovation), Robert Cain, partner...
The Loan Market Association (LMA) has published a user guide and model Murabaha Facility Transfer Agreements to facilitate the transfer of an existing...
Ireland—Banking & Financial Services analysis: This article was written by A&L Goodbody’s Asset Management & Investment Funds Team. It covers recent...
Ireland—Banking & Financial Services analysis: This article was written by A&L Goodbody’s Financial Regulation Advisory Team. It covers recent...
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
Strike out—making an application to strike out a statement of caseA strike out order can be made either following an application by the parties or on the court's own initiative. This Practice Note deals with the scenario of the order being made following a party's application.Making an application
Can shares in a limited company that have not been paid-up at all be cancelled?A limited company having a share capital may not alter that share capital, except in the ways listed in section 617 of the Companies Act 2006 (CA 2006). Shares in a company cannot simply be cancelled without following an
Template for regulatory references given by SMCR firms and disclosure requirements[Insert addressee details]Dear [insert name][It is our understanding that [insert name of prospective employee] [was an employee of yours between the dates of [insert dates as appropriate] OR is a current employee of
0330 161 1234