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Credit defaults: practical tips when pressing the accelerator

19 March 2024 / Author(s): Nick Lister , Sian Perez , Andrew Denny , Nick Gomes
Issue: March 2023 / Categories: Feature

We consider the practical steps and considerations for creditors when faced with a potential event of default (EOD) under their credit documentation. We also assess the consequences for a creditor in taking enforcement action in reliance on an EOD that has not actually occurred, cannot be relied on, or is disputed.

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