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Lending and Taking Security in Ireland: Overview

AUTHORs: Patrick Molloy co-author(s): Ross Forde Services: Finance and Capital Markets DATE: 21/01/2021

Finance and Capital Markets partner Patrick Molloy and senior associate Ross Forde contributed to the Thomson Reuters Practical Law Finance Global Guide 2020. 

The guide gives a high level overview of the lending market, forms of security over assets, special purpose vehicles in secured lending, quasi-security, guarantees, and loan agreements.  It covers creation and registration requirements for security interests; problem assets over which security is difficult to grant; risk areas for lenders; structuring the priority of debt; debt trading and transfer mechanisms; agent and trust concepts; enforcement of security interests and borrower insolvency; cross-border issues on loans; taxes; and proposals for reform.

Read more here.