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    Excluding assets from a floating charge - what else might you be excluding?
    18 April 2023

    We are increasingly seeing requests from borrowers to carve-out assets from the scope of a lender's otherwise all asset English security package. Whilst there may be commercially sensible reasons for this request, lenders should be aware of the potential impact on their enforcement rights before agreeing to this.

    United Kingdom, Banking, Insolvency & Restructuring, Travers Smith LLP

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