A Negative Pledge is an unsecured loan agreement’ provision requiring the borrower to get the current lender’s consent before obtaining any secured loan. An example is a bond indenture clause prohibiting the bond issuer from pledging these assets to a third party as it reduces the security level for the bondholders.
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Rachel is an accredited member of the Society of Trust & Estate Practitioners, and joined the firm as a trainee in 1991. She initially worked within our Litigation Department where she gained considerable experience in dealing with contentious matters such as disputes over Wills and Lasting Powers of Attorney. As well as preparing the aforementioned, she deals with Estate Administration and Court of Protection orders.
Latest posts by Rachel Damianou (see all)
- 7 Steps you need to take before creating a Will - 3rd September 2023
- Time to Make a Will? - 17th December 2020
- Making a Will during the pandemic - 4th September 2020
- A Helping Hand - 19th June 2020
- Dying to be heard - 14th May 2020