Covenants: Preserving Guarantees of Non-Wholly Owned Subsidiaries (Oct. 13, 2020)
Octus Radio
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Provisions for Releasing Non Wholly Owned Subsidiaries as Guarantors
This chapter explores recent amendments in private loans that allow for the release of a guarantor who becomes a non wholly owned subsidiary, discussing the requirements for release and emphasizing its significance as an overlooked aspect with potential collateral loss.
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