Charlotte Eborall writes for JIBFL on implications of business disposals upon cessation of business clauses

Charlotte Eborall has written an article for Butterworths Journal of International Banking and Financial Law (JIBFL) titled: Atishoo, atishoo: we all fall down? Implications of business disposals upon cessation of business clauses. The article examines how a company considering a change in the entity’s structure or business by divestment of part or all of its business, can avoid potential issues relating to the triggering of a “cessation of business” event of default clause. It also considers how the courts might approach the question of interpretation of such clauses should one proceed to trial.

Read the full article here.