News & Analysis as of

Contract Terms Termination Lenders

A&O Shearman

Time is an illusion. Lunchtime doubly so*

A&O Shearman on

The court reassures lenders on the effect of a termination notice, the meaning of a continuing Event of Default and the effectiveness of reservation of rights letters: Re Pocket Renting. Appointment of administrator...more

McDermott Will & Emery

Implications of integrating COVID-19 liquidity aids into existing loan agreements

The spread of the COVID-19 pandemic and its consequences also affect existing financing contracts in a variety of ways. In general, there are losses in sales in various industrial sectors and the associated need to adjust...more

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