Security reinstatement provisions: worth the paper they are written on?

Security reinstatement provisions: worth the paper they are written on?

LIBOR transition November 2020 - LIBOR pains before SONIAs delivery

Taking a step back...

The danger faced by many of today's lawyers (myself included) is that unless we are careful, we can become hooked on our precedents. And that way only chatbots and artificial intelligence lie. But if we find ourselves stranded on a desert island without our hand bibles and faithful precedents, tasked with drafting a security document for a loan, what essential provisions might one include in an English law security document?

Matthew Padian, Partner, features in Butterworths Journal of International Banking and Finance Law, discussing security reinstatement clauses, what they are and if they work. Catch his insights on the topic by downloading the full article via the button below.

This was first published in Butterworths Journal of International Banking and Finance Law. 

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