Q&As

Comprehend the law and how it impacts your clients. Q&As shine a light on common issues

Legal Research

Q&As
If a form MR05 has been submitted to Companies House do you also need to file an MR04 for the charge to be satisfied?It is important to note initially...
31st Jul
Q&As
Who can act as a process agent?A process agent is a person or entity that is appointed to receive, accept and acknowledge service of process on behalf...
31st Jul
Q&As
I am reviewing a loan which has a comfort letter supporting it. Does that mean the loan is guaranteed?In short, no, a comfort letter is not the same...
31st Jul
Q&As
How do I draft a guarantee that is limited in time or expires on a particular date?Is it possible to draft a guarantee limited in time and/or with a...
Produced in partnership with Richard Hanke of 3 Verulam Buildings (3VB) 31st Jul
Q&As
Can a scheme of arrangement be approved by a virtual meeting of creditors or shareholders during the coronavirus (COVID-19) crisis?The procedure for a...
Produced in partnership with Ryan Hocking of Gatehouse Chambers 31st Jul
Q&As
I've just noticed that a transaction document which has already been executed contains an error. What can I do to correct this?For the purposes of...
31st Jul
Q&As
Should the ruling off provisions in a guarantee apply to the account of the principal debtor or the account of the guarantor?Ruling off provisions and...
31st Jul
Q&As
What is the limitation time in respect of a guarantor’s obligations under a personal guarantee when the principal borrower has defaulted?When a...
31st Jul
Q&As
Securities lending and repos both involve the transfer and retransfer of securities and both can be used to cover a short position. What is the...
31st Jul
Q&As
What are unitranche facilities?What is a unitranche facility?Leveraged finance transactions are traditionally funded by a mixture of equity, senior...
31st Jul
Q&As
When entering hedging agreements in relation to a lending transaction, should the legal opinion on those hedging agreements or should a separate...
31st Jul
Q&As
What effect does a change of parties to a contract which has been guaranteed have on the guarantee?Where a party to a contract which has been...
31st Jul
Q&As
What is the difference between a standby letter of credit and a letter of credit?This Q&A considers the differences between a standby letter of credit...
31st Jul
Q&As
How do I know if my guarantee is a qualifying guarantee under the ISDA 2014 credit derivative definitions?What is a qualifying guarantee?A qualifying...
31st Jul
Q&As
What is the difference between joint insured, co-insured and composite insured?In financing and construction documentation for development projects it...
31st Jul
Q&As
What is joint, several, and joint and several liability?Should I agree to take on joint liability under a contract?The not so helpful answer to that...
31st Jul
Q&As
Is a smart contract enforceable where it has been executed automatically?What is a smart contract and how might it be used?Smart contracts are...
31st Jul

Popular documents