Finance Update - March 2011
24-Mar-2011 | Banking & Finance, Financial Institutions & Services, Restructuring & Corporate Recovery
Welcome to the March issue of Finance Update. This month we look at:
- S123(2) - The Balance Sheet test – Still a bit of a misnomer
- Equity cure and events of default: Be careful what you agree
- Real Estate Finance: A trustee's right of indemnity over trust assets continues to rank behind a lender's mortgage?
- The effect of a foreign composition with creditors on English law guarantee liabilities
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