Amending Secured Facilities: Do I Need New Guernsey or Jersey Law Security?

It is a question which lenders have to consider every time the terms of a facility are amended: will the existing security remain effective following the amendment? Zoë Hallam and Jon Le Rossignol from our specialist Guernsey and Jersey Banking and Finance team explain the key points to consider.

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Sam ShiresPartnerT +44 (0)1481 748
Zoë HallamSenior CounselT +44 (0)1481 748

Alexandra CornerPartnerT +44 (0) 1534 700
Nigel WestonPartnerT +44 (0)1534 700
Jon Le RossignolSenior CounselT +44 (0) 1534 700