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International Law

: Bank Law Blog

Rescue financing abandoned

By 1banklawblogger

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The Government have dropped the idea of introducing rescue finance, with super-priority for new lenders to troubled companies, for the time being. The Insolvency Service announced this today in response to the consultation, “Encouraging Company Rescue”.  You can see the range of replies to the consultation here; (name-check my firm, CMS Cameron McKenna ). It seems there was a more positive reaction [...]

Full post as published by Bank Law Blog on November 11, 2009 (boomark / email).

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