Appleby has contributed to a guide on Lending and Taking Security in the Isle of Man, which now forms part of the Finance Global Guide for Practical Law, a key online know-how resource for lawyers and in-house counsel engaging in cross-border work.
Authored by Appleby Isle of Man’s Tom Brook and Sophie Corkish, the Q&A is a guide to lending and taking security in the Isle of Man and provides a high-level overview of a number of topics, including:
- common forms of security;
- guarantees;
- risk areas;
- subordination;
- debt trading and transfer mechanisms;
- agent and trust concepts;
- enforcement of security interests;
- borrower insolvency; and
- cross-border issues.
To access the pdf of the Q&A Guide, please follow the link: Lending and Taking Security in the Isle of Man Overview
Reproduced from Practical Law with the permission of the publishers. For further information, visit practicallaw.com.
For further information, please contact:
Tom Brook, Partner, Appleby
tbrook@applebyglobal.com
