5 typical concerns of cash-strapped borrowers
Welcome to the second article in a series of three. The previous article in the series covered the key grounds on which directors of cash-strapped companies could be held liable for their or the company’s acts, and in this piece we focus on five aspects of a company’s third party credit facilities (term loans, revolving…
Feeling insecure? Leverage in PE secondaries deals
The use of leverage in private equity secondaries has its advantages, but also raises issues around the form of security in respect of such financings that both purchasers and sellers should be aware of. Feeling insecure? Leverage in PE secondaries deal The use of leverage in private equity secondaries transactions is not new. As the…