Archives: Lending

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The Greek Civil Code visits the English High Court: Personal guarantees, defences and competing applicable laws

Whenever interrelated contracts apply, different laws, issues and defences may arise owing to the discrepancies between the applicable legal systems. In HSBC Bank PLC v. Pearl Corporation SA and Ors, the High Court had to consider Greek law defences to a personal guarantee, governed by Greek law, in the context of a loan agreement governed … Continue Reading

An Introduction to ECA Finance

In this blog post we take a brief look at export credit agency (“ECA”) supported finance in the asset finance industry, and the development of a new template loan agreement by the UK’s Loan Market Association. The role of the ECAs ECA finance describes transactions where states (whether by direct sovereign bodies or by separately … Continue Reading
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