COVID-19: Specific Performance of Loan Agreements

As the effects of COVID-19 begin to be felt in business life, with insolvencies of large and apparently established businesses on the rise, borrowers are asking many questions.

In this article, Jonathan Nash QC shares his thoughts on specific performance of loan agreements during Covid-19 and whether lenders can be compelled to advance funds under agreed facilities.

Reproduced from Practical Law with the permission of the publishers.