France
The main considerations in connection with a transfer of loan include:
- consent/notification – whether a transfer requires the consent or notification of any other parties;
- lender eligibility – whether there are any restrictions around the type of entity to which the loan can be transferred;
- undrawn commitments – whether there are any continuing obligations for further funding or other material obligations on the part of the lender that may fall on the transferee or reduce claims made by the transferee;
- confidentiality and banking secrecy – whether the seller of the loan is allowed to disclose information relating to the loan to a potential purchaser; and
- data protection – whether there is any personal data or other restricted information in the loan that should not be disclosed to a potential purchaser.
![Erwan Lacheteau](/export/sites/intelligence/investmentrules/images/blog-authors/erwan.lacheteau_uhr.jpg)
Erwan Lacheteau
Partner
DLA Piper
[email protected]
T +33 6 86 48 82 81
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