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International Law

: Bank Law Blog

Constructive trusteeship in complex restructurings

By 1banklawblogger

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An Australian restructuring case, despite minor differences of law, has relevance for banks taking security under English law for borrowing from complex corporate structures.  The case shows how much care banks should exercise to avoid liability as constructive trustees.  The judgment runs to 2,643 pages and I don’t pretend to have read it.  But you might [...]

Full post as published by Bank Law Blog on July 14, 2009 (boomark / email).

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