• Home
  • Insights
  • Successor note trustee roles (opportunities and pitfalls)

20 Jun 2019

Successor note trustee roles (opportunities and pitfalls)

Linkedin

The exponential growth of the debt capital markets before the Lehman crisis, and increasingly complex issues and conflicts arising on highly structured transactions, have resulted in note trustees finding themselves in situations where they are unable or unwilling to continue acting. It is certainly more common now than it was a decade ago to see note trustee roles being transferred to successors.

In turn, this has led to the emergence of a new breed of independent trustee - the so-called "challengers".

This article explores the potential opportunities and pitfalls which a successor trustee role can present for both the incumbent trustee and the successor trustee.

Click here to read more.

Linkedin

KEY CONTACT

Helena Berman

Helena Berman
Partner

T:  +44 20 7809 2196 M:  Email Helena | Vcard Office:  London

Jenny McKeown

Jenny McKeown
Practice group leader

T:  +44 20 7809 2172 M:  Email Jenny | Vcard Office:  London

Sue Millar

Sue Millar
Partner

T:  + 44 20 7809 2329 M:  + 44 7825 625 898 Email Sue | Vcard Office:  London

Jonathan Proctor

Jonathan Proctor
Partner

T:  +44 20 7809 2207 M:  Email Jonathan | Vcard Office:  London

Charlotte Drake

Charlotte Drake
Of counsel

T:  +44 20 7809 2583 M:  Email Charlotte | Vcard Office:  London

Jayesh Patel

Jayesh Patel
Consultant

T:  +44 20 7809 2238 M:  +44 7739 826 379 Email Jayesh | Vcard Office:  London