This work covers renegotiating and restructuring loans secured on commercial property, including refinancing, debt-for-equity swaps, restructurings, and enforcement planning. A solicitor in this area handles drafting and negotiating facility amendments, security releases or variations, formal deeds of postponement, and voluntary or contested enforcement steps such as acting on appointments, possession notices, or sale processes. They advise lenders and borrowers on terms, risk allocation, and the sequencing of steps to preserve value and avoid defaults.
What a solicitor handles in these matters
The matters involve provisions, security instruments, and interactions with lenders, borrowers, trustees, and property managers. They require navigating facility agreements, deeds of priority, intercreditor arrangements, and potential insolvency implications, as well as coordinating with valuers, insolvency practitioners, and the Courts where necessary.
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