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Credit Agreements: Amendments to Consider in Light of COVID-19

Months after its emergence, the COVID-19 pandemic continues to adversely affect businesses worldwide, and the duration and scale of its damage is increasingly uncertain. Many borrowers are therefore seeking amendments to their existing credit facilities to allow them greater financial flexibility while the pandemic persists.

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Trust Me – A Security Trustee’s Duties to Subordinated
A recent High Court judgment has highlighted the importance for mezzanine creditors of including express and robust contractual protections when negotiating intercreditor agreements and provides a helpful summary of a trustee’s duties to mezzanine lenders in a security enforcement.

Practices: Finance, Business Restructuring

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