On 9 July 2024, the Supreme Court unanimously held that collateral warranties deriving from or reflective of the primary building contract, and merely promising continued construction, are not ...
An expert Q&A on intercreditor agreements, which are often used in US syndicated loan transactions, including a discussion of common lien priority arrangements, drafting issues, and the American Bar ...
Collateral is a valuable asset (like a car, house or even cash) you can pledge to secure a loan. If you fail to repay your loan, the lender can seize whatever you've put up as collateral. Financial ...