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VIDEO

Financial Services Winter Update webinar

The challenges of frozen or terminated bank accounts, loan guarantees and breaches of financial covenants

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Members of our Banking litigation team discuss the latest issues in the industry, as the short and long-term impacts of the pandemic become more apparent.

Jean-Martin Louw discusses the challenges that financial institutions face when trying to balance their compliance responsibilities with customer care obligations and what businesses can do if a bank has frozen their account or threatens to discontinue their banking services.

Janine Alexander examines the law surrounding guarantees and the circumstances in which they can be subject to challenge when the underlying relationship between lender and borrower has broken down.

Robin Henry discusses how borrowers can anticipate potential breaches of loan covenants which could lead to events of default and what rights and duties lenders and borrowers have in situations where a borrower is facing potential breaches under its loan documentation.

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Disclaimer: This content is provided for general information only and does not constitute legal or other professional advice. Appropriate legal or other professional opinion should be taken before taking or omitting to take any action in respect of any specific problem. Collyer Bristow LLP accepts no liability for any loss or damage which may arise from reliance on information contained in this material.

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