Structural Security vs Direct Security: Risks, Advantages and Strategic Considerations – Breakfast Briefings for the Boardroom

Hosted by Graham Small, Partner at JMW, and presented by experienced legal professionals, these briefings are designed to equip professional advisors and intermediaries and members of the board with knowledge, expert insights, and practical guidance on various legal topics. If you would like to attend, RSVP below by 29 May.

Join Martin Myers Lusty, Partner in our Banking team, and James Williams, Partner in our Restructuring and Insolvency team, for an interactive Q&A session exploring the pitfalls of structural security versus direct security, in light of recent high-profile failures in the lending market. Against a backdrop of increased scrutiny, fraud risk, and collateral-control issues, the briefing will explore how those involved in structuring, advising on, and arranging lending can better identify and manage risk in an increasingly uncertain and turbulent market.

Martin will cover key pre-deal considerations, identifying security risks, and the importance of robust early-stage diligence. He will explore common challenges and considerations for secured lending and structural security, personal guarantees, and the key documents involved.
James will then examine these issues from a post-deal and distress perspective, focusing on debentures and deeds of priority, and the role of ongoing and early security reviews as financial pressure emerges. He will consider how failures in structural security arrangements can crystallise in a downturn, including scenarios involving competing claims to assets, and what lenders can expect as a business moves towards distress, insolvency or liquidation. He will also address how properly structured and enforceable direct security can influence recovery outcomes.
Together, they will share practical insights drawn from their experience in banking, lending, and restructuring, and answer any questions you may have. 

Attendees

This briefing is open to business owners, professional intermediaries, banking executives, insolvency officeholders, and lenders.

Timings: 

8.00am - Registration and breakfast
8.30am - Briefing with Martin, James, and Graham
9.30am - Close and networking 
 
Please RSVP below by 29 May at the latest. Please let us know if you have any dietary requirements.