Expert insights

Financial covenants are the lender’s early warning system. They are designed to monitor a borrower’s financial health throughout the life…

When things go wrong in lending relationships, a lender will often reach for the default interest clause – being a…

The FCA released a consultation paper on the 2nd of July 2025 seeking feedback on draft guidance to assist firms…

Herrington Carmichael’s banking team advised the point-of-sale finance provider, Buyline, on a significant facility with BCI Capital….

Herrington Carmichael’s banking team were advised The Exclusive Collection on the re-finance of its existing banking facilities….

Upon lending company dissolution, if there are any property or rights to which the lending company is entitled……

Director disqualification related to dissolved companies is not new, but in 2022 there was greater risk of it….

You can buy assets from an insolvent company, but the process is slightly different to acquiring assets of a solvent…

Under a Creditors’ Voluntary Liquidation, the shareholders of a company themselves resolve to wind-up the company and then an insolvency…

Under a Members’ Voluntary Liquidation, the shareholders of a company themselves resolve to wind-up the company with an insolvency practitioner…

Equity Warrants permit debt or equity investors to subscribe for a particular class of shares in an investee company….

There are several ways to make a term loan facility suit your needs, at the same time as keeping your…