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Results 6 to 10 of 11

MF Global special administrators release their proposals

United Kingdom - December 21 2011 On 16 December 2011 the special administrators of MF Global UK Limited ("MFG UK") published their proposals for achieving the purpose of the special administration.

Co-authors: Victoria Thompson.

MF Global - UK update as of 1 December 2011

United Kingdom - December 5 2011 We are starting to see signs of movement from the special administrators in relation to clients and creditors who have exposure to MF Global UK Limited ("MF Global UK").

Co-authors: Victoria Thompson, Brett Hillis.

Research memo - administration and forfeiture

United Kingdom - November 4 2011 If a tenant company fails to pay its rent when due (subject to any grace periods in the lease) the landlord ordinarily has the right to forfeit the lease either by peaceable re-entry of the property or by legal proceedings.

Research memo - negative net assets

United Kingdom - November 4 2011 When is a company in insolvent?

Research memo - material adverse change/MAC

USA - November 4 2011 MAC clauses act as a “catch all” provision and aim to allow a lender to call a default if there is an adverse change either in the borrower’s position or circumstances or in the wider environment after a defined date.

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