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Buyer properly unwinds trade as deadline expires (VR Global Partners LP v Exotix Partners LLP)

Buyer properly unwinds trade as deadline expires (VR Global Partners LP v Exotix Partners LLP)
Published on: 03 November 2017
Published by: LexisPSL
  • Buyer properly unwinds trade as deadline expires (VR Global Partners LP v Exotix Partners LLP)
  • Original news
  • Why is the case of interest?
  • What were the facts?
  • Issues before the court
  • Decision
  • Conclusions
  • Case details

Article summary

Banking & Finance analysis: This case considers the ability of a buyer of a loan participation to insist upon unwinding the transaction where the deadline for meeting a condition to the sale expires. The case examines the extent of the buyer’s obligation to act in good faith and assist the other parties in meeting the deadline. or take a trial to read the full analysis.

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