The Syndopé Loans section analyzes the legal issues arising from the relationship between lenders and addresses the issues. The potential claims of borrowers on the arrangers of a union and its representatives are also analysed, including a possible declaration of protection against such claims. The last part presents the legal and practical issues relating to the trade of credit coins on the secondary market. The usual duration of short-term syndicated loans is three to five years; seven to ten for medium-term loans, while long-term financing is generally extended from 10 to 20 years. Syndicated loans help meet customer demand for large long-term loans. They are generally used to finance new projects, leasing large equipment, mergers and acquisitions in petrochemicals, transportation, telecommunications, energy and other sectors. Dr. Rafal Zakrzewski is a lawyer (accredited in Australia in 1999 and England -Wales in 2003) and specializes in corporate finance with a focus on complex credit transactions. He has worked at Clifford Chance since 2003 and last worked at the European Bank for Reconstruction and Development as Senior Counsel and Associate Director.
Rafal was Professor of Corporate and TransactionAl Law at the University of Cambridge, where he established a postgraduate course on business transactions and taught at St Hugh`s College, University of Oxford. He is editor-in-chief of McKnight, Paterson, Zakrzewski on the Law of International Finance, author of Remedies Reclassified on English private law remedies, co-author of The Law of Rescission and contributor to International Acquisition Finance (all published by OUP). It is also employed by Encyclopaedia of Banking Law and Gore Browne on Companies. Before a union agreement is reached, the parties, the lenders and the borrower, agree on a contract that determines the structure, rules and duration of the syndicated loan; this contract is the insurance contract and is akin to a subscription contract. Interest rate: The lender`s profit is calculated on the basis of interest and fees. The interest rate is set according to the different borrowers, in accordance with the credit interest rate policy, the rules and provisions of the loan agreement. Based on some of McKnight`s leading work, Paterson and Zakrzewski on International Finance Law, 2nd, this new book is an accessible introduction to english law and practice lending contracts. The book focuses on loan contracts, trade unions and trade and is the key areas where newcomers need to become familiar with banking and financial law and which often require the most research. Almost every day, we witness the birth of several innovative new projects worth billions of dollars. Many often think about the origins of these investments.
Banks play a crucial role in lending to customers, from businesses to large projects and even governments. However, there are cases where the level of financing required is very excessive and, in such cases, two or more lenders may combine funds to cover the total loan. The book begins with an overview of contract law in English, which outlines the main concepts and principles of the credit trade.