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We caught up with Emma Hinton ahead of the in house lawyers forum to hear more about the flexibility of funding documents and what businesses need to be aware of post-Brexit. In this video Emma discusses the route around funding documents, when it is necessary to approach your funder for consent and the processes to changing funders for your business needs.
Emma talks you through the common restrictions and permissions there are in loan agreements such as an accordion facility, which allows you to request more funding without amending the loan document that is in place. Emma also explores other options such as going to a third party lender to complement the current funding for different facilities.
Finally, Emma considers the positive steps towards financing and re-funding from the past few years and how as a borrower, there are many different options for re-financing and funding available.
You can also follow our LinkedIn showcase page where you’ll find lots of useful resources and information aimed at in house lawyers.
Partner
Emma Hinton specialises in acquisitions, refinancing, property finance and other aspects of finance including derivatives; acts for UK and international clients including corporates, banks and other funders.
Law firm Browne Jacobson has appointed leading General Counsel (GC), Anneliese Reinhold as the first Non-Executive Chair of its corporate sectoral strategy board, the first of several sector-driven appointments.
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The Chancellor’s recent mini-budget provided a significant announcement for business as it was confirmed that the off-payroll working rules (known as “IR35”) put in place for public and private sector businesses from 2017 and 2021 will be scrapped from April 2023.
This case provides a reminder to contracting authorities that whilst the bar for an award of damages in procurement cases is high, following the Supreme Court ruling in Energy Solutions EU Ltd v Nuclear Decommissioning Authority [2017] 1 WLR 1373, it is not insurmountable when a contracting authority has acted with disregard to the Public Contracts Regulations 2015 (PCRs). There is also further guidance as to the use of frameworks
Browne Jacobson has welcomed 10 future lawyers to its trainee scheme for 2022 – 2024 as it continues to grow its business.The new recruits have joined 36 trainees currently at the firm, bringing the total number of trainee solicitors at Browne Jacobson to 46 – a record number for the firm.
The opinions expressed on this video are provided for the purposes of general interest and information and should not be relied upon. They contain only summaries of aspects of the subject matter at the time of publishing and do not provide comprehensive statements of the law. They do not constitute legal advice and do not provide a substitute for it. So why not talk to us and seek advice that's tailored to you? You can look up one of our experts on this website or call on 0370 270 6000.
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