Banking agreements are among the most complex and binding financial commitments undertaken by a business.
Our team has extensive experience in banking law and practice and represents your interests with expertise and independence.
Before signing a banking agreement — or if you have already signed one — you should understand precisely what it means for you.
• Review of loan and guarantee agreements
• Assessment of new or existing loan terms
• Rights and obligations of borrowers and guarantors
• Assessment of the effect of a Floating Charge over the company’s assets
B. Expert Reports & Advice
In the event of a dispute with a bank our independent expert opinion may prove decisive and may be presented before the Court in cooperation with specialist legal counsel.
We assess whether the bank has exercised its powers in good faith — for example whether a Receiver or Receiver–Manager appointed by the bank under a Floating Charge Debenture is acting in the best interests of the company.
C. Appointment of a Receiver–Manager
When a company is unable to meet its contractual obligations the bank may be entitled to appoint a Receiver–Manager under a Floating Charge Debenture. The Receiver–Manager assumes control of the company’s assets.
The appointment may support the company’s recovery.
• Guidance for directors regarding their rights and obligations following the appointment
• Assessment of whether the Receiver–Manager is acting lawfully and in accordance with the terms of appointment
• Support in negotiations with the bank to prevent or terminate the appointment
• Protection of the interests of shareholders and employees
We provide tailored consulting services including:
A. GUIDANCE AND ADVICE
➤ Loan and Guarantee Agreements Review
➤ Evaluation of new/existing terms
➤ Rights and Obligations of secured creditors/borrowers/guarantors
➤ Assessment of the impact of the Floating Charge on the activity of the company's assets
▻ Έλεγχος Συμφωνιών Δανείου και Εγγυητηριών
▻ Αξιολόγηση νέων / υφιστάμενων όρων
▻ Δικαιώματα και Υποχρεώσεις εξασφαλισμένων Πιστωτών / Δανειοληπτών / Εγγυητών
▻ Αξιολόγηση της επίδρασης της Κυμαινόμενης Επιβάρυνσης στη δραστηριότητα του ενεργητικού της Επιχείρησης
B. independent expert evaluation
We provide independent expert opinions that can be presented in court, where specialized knowledge is required to examine a situation. In cases of disputes with banks, we can estimate the extent of damages if any exist.
In addition, in cases where a Receiver/Administrator has been appointed by a bank based on a Floating Charge Agreement, we can determine if their actions are beneficial to your business.
C. APPOINTMENT OF A RECEIVER-MANAGER IN BUSINESS REORGANIZATION PROCEEDINGS
