Overview

The financial crisis has resulted in various proposals to change the rules surrounding the treatment of loans by lenders, many of which are still in the process of discussion and implementation.

There is still a considerable degree of uncertainty as to the final form of many of those changes and their impact on loans. Consequently, loan agreements drafted today must anticipate a number of different regulatory outcomes and provide appropriate protection.

Allen & Overy discusses a number of issues that are being considered by the loan market on current deals.

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