Ca s e S tu d y One
The t eam ac t ed fo r a clien t on t he v a r ia t ion of i ts e x i st ing £ 22 , 000 , 000 de v elo p men t loan t o a la r ge - s cale na t ional pr o p e rty de v elo p men t com p an y fo r an a p a rt men t de v elo p men t con s i st ing of o v e r 200 a p a rt men t u ni ts in t he No rt h - We st r egion . The w o r k w a s e xtr emel y ur gen t and had t o be com p le t ed in a ma tt e r of da ys t o a v oid t he loan going in t o defa u l t and ca us ing i ssu e s t o a me zz anine f u nde r. I t in v ol v ed d r a w ing up t he loan v a r ia t ion ag r eemen t and in t e r - c r edi t o r ag r eemen t and ad v i s ing t he clien t on t he t e r m s of t he v a r ia t ion ag r eemen t.
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