Praxio Law & Tax recently published their Fund Finance Security Guide featuring Cadwalader partners Brian Foster and Patrick Calves. On page 94, they dive into NAV Facilities including details on security package, perfection formalities and governing law considerations.
Michael Mbayi, the Head of Banking and Finance at Praxio Law & Tax, and contributors around the globe created the guide to be helpful for lenders, borrowers and lawyers to have a document describing the key aspects of the security package for the most common jurisdictions involved in fund finance transactions.
Read the full guide here.