In our April webinar “Risk Mitigation Techniques in Trade Financing Structures”, which I delivered with my colleagues Sam Fowler-Holmes and Maria Capocci, we discussed methods to mitigate risks all the way along the transaction lifecycle. We covered the option of taking charges over the accounts of a Borrower and the funds standing to the credit of such accounts, looking at the importance of the "triple cocktail" in demonstrating the requisite level of control where a lender wants to take the coveted fixed charge.
Fixed and Floating Charges: the Key is Control, but the Key to Control is Drafting
Posted by
Natalie Lake on May 18, 2023 3:59:47 PM
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Topics: Fixed and Floating Charges