Guernsey:
Amending Secured Facilities: Do I Need New Guernsey Or Jersey Law Security?
To print this article, all you need is to be registered or login on Mondaq.com.
It is a question which lenders have to consider every time the
terms of a facility are amended: will the existing security remain
effective following the amendment? Zoë Hallam and Jon Le
Rossignol from our specialist Guernsey and Jersey Banking and
Finance team explain the key points to consider.
Click to view
advisory
Originally published 4 May 2020
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
POPULAR ARTICLES ON: Finance and Banking from Guernsey
Q&A: Safe Harbours For VASPs - Part 1
Ogier
Asian Legal Business was keen to hear from our experts on how this will allow virtual asset services providers (VASPs) to anchor in theses jurisdictions, despite increased regulatory burdens...
Q&A: Safe Harbours For VASPs - Part 2
Ogier
In 2023, Jersey and the British Virgin Islands passed legislation indicating they were welcoming virtual asset service providers, joining the likes of the Cayman Islands...