The Privy Council has clarified that the duty of care to "obtain the best price reasonably obtainable" in the sale of secured collateral does not require a secured party to improve an asset before sale to obtain the best...more
6/30/2025
/ Appeals ,
Breach of Contract ,
Burden of Proof ,
Collateral ,
Conflicts of Interest ,
Contract Disputes ,
Default ,
Duty of Care ,
Enforcement ,
Guarantors ,
Lenders ,
Loans ,
Secured Debt ,
UK Privy Council ,
Valuation
Access to liquidity was a central theme of 2024 in the European fund finance market. Whilst macro-economic factors suppressed demand for subscription lines, alternatives such as NAV, GP and back-leverage facilities kept many...more