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A wolf in sheep’s clothing: are transfers of economic interests undermining privity of contract in the medium-term loan market?

Penn, Graham; (2023) A wolf in sheep’s clothing: are transfers of economic interests undermining privity of contract in the medium-term loan market? Butterworths Journal of International Banking and Financial Law pp. 507-512.

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Abstract

In this Spotlight article Graham Penn considers how recent changes to the form and legal substance of sub-participation agreements (and other more conventional credit derivatives) are undermining privity of contract between the borrower and its lenders and creating a form of privity with the sub-participant.

Type: Article
Title: A wolf in sheep’s clothing: are transfers of economic interests undermining privity of contract in the medium-term loan market?
Publisher version: https://www.lexisnexis.co.uk/store/products/butter...
Language: English
Additional information: This version is the version of record. For information on re-use, please refer to the publisher's terms and conditions.
UCL classification: UCL
UCL > Provost and Vice Provost Offices > UCL SLASH
UCL > Provost and Vice Provost Offices > UCL SLASH > Faculty of Laws
URI: https://discovery-pp.ucl.ac.uk/id/eprint/10173979
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