- Trade finance in a no-deal Brexit scenario
- What impact would a no-deal Brexit have on the trade finance market?
- What preparations is the trade finance market making for a no-deal Brexit?
- Are there any additional clauses, or other documentary changes, that should be made in preparation for a no-deal Brexit?
- Is the prospect of a no-deal Brexit changing the way deals are structured eg different mix of lending or borrower entities or loan tranches?
- Are there any other issues, legal or practical, that trade finance lawyers and market participants should be aware of?
- Governing law
Banking & Finance analysis: Past assurances that the UK would depart the EU with a deal in place are being strained by an atmosphere of low accountability and political gambling, leaving obliging lawyers and clients to assess their options. Geoffrey Wynne, partner at Sullivan & Worcester, explains what to look out for and to expect in the world of trade finance.
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