Key issues to consider when private credit is given the keys to a borrower

Paul Keddie, Jat Bains and Sophie Donnithorne-Tait of Macfarlanes explain that as private credit lenders increasingly find themselves taking control of distressed borrowers, success depends on minimising disruption, carefully managing directors’ duties and tax risks, and using tools such as enforcement and restructuring plans to create a stable platform for turnaround.

Read more.