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.
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.
