LPC Law Notes Debt Finance Notes
Structured Finance Notes
Updated Structured Finance Notes
Debt Finance
A collection of the best LPC Debt Finance notes the director of Oxbridge Notes (an Oxford law graduate) could find after combing through dozens of LPC samples from outstanding students with the highest results in England and carefully evaluating each on accuracy, formatting, logical structure, spelling/grammar, conciseness and "wow-factor". In short these are what we believe to be the strongest set of Debt Finance notes available in the UK this year. This collection of notes is fully updated for ...
The following is a more accessible plain text extract of the PDF sample above, taken from our Debt Finance Notes. Due to the challenges of extracting text from PDFs, it will have odd formatting:
STRUCTURED FINANCE & DERIVATIVES
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Structured finance may involve greater amounts of risk from different sources.
Market risk
Operating risk
Environmental and political risk
SPV [no assets – but tax advantages and potentially lower costs]
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Tools for dealing with risk:
Due diligence (more extensive)
Conditions Precedent
Representations
Undertakings
Events of Default
Security package may have to be varied according to the transaction
Property finance
| ISSUE/TOOL | DUE DILIGENCE | CONDITIONS PRECEDENT | REPRESENTATIONS | UNDERTAKINGS | EVENTS OF DEFAULT | SECURITY |
|---|---|---|---|---|---|---|
| Borrower is an SPV and parent refuses to give a guarantee. | Valuation of property Review terms of leases Review insurance policy | Report on title from SPV’s lawyers Valuation report Confirmation of insurance policy Planning permissions Confirmation no existing security Land Registry forms/registrations Standard occupational leases | Ranking of security (i.e. first-ranked) Borrower has good title to property Report on title is accurate | Negative pledge Keep property in good repair Pay insurance premiums | Substantial damage of property Compulsory purchase of property | Comfort letter from parent Charge by way of legal mortgage over property Fixed charge over future property/assets Floating charge over all remaining assets |
| Rental income is the only... |
Buy the full version of these notes or essay plans and more in our Debt Finance Notes.
Structured Finance
A collection of the best LPC Debt Finance notes the director of Oxbridge Notes (an Oxford law graduate) could find after combing through dozens of LPC samples from outstanding students with the highest results in England and carefully evaluating each on accuracy, formatting, logical structure, spelling/grammar, conciseness and "wow-factor". In short these are what we believe to be the strongest set of Debt Finance notes available in the UK this year. This collection of notes is fully updated for ...
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