Counsel: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson (Add links.) |
imported>Doug Williamson (Add links.) |
||
Line 45: | Line 45: | ||
* [[Hardwired]] | * [[Hardwired]] | ||
* [[IBOR]] | * [[IBOR]] | ||
* [[KC]] | |||
* [[LIBOR]] | * [[LIBOR]] | ||
* [[Provision]] | * [[Provision]] | ||
* [[QC]] | |||
* [[Rate switch]] | * [[Rate switch]] | ||
* [[Reference rate]] | * [[Reference rate]] |
Revision as of 10:46, 7 December 2022
1. Legal advisory services.
An external legal adviser, or firm of advisers, engaged to support a particular transaction.
- Constructive legal counsels supported hardwired switch wording
- "Alongside its ESG core, the RCF was one of the first products of its kind to include hardwired switch wording to anticipate the discontinuation of LIBOR.
- In a market dominated by efforts to build contingencies against COVID-19, Ahold Delhaize faced challenges with encouraging its lenders to focus and align on that aspect of the deal.
- However, in light of the firm’s track record as a credible borrower with a clear IBOR reform plan, constructive legal counsels and a facility agent were able to accommodate the feature operationally."
- ACT Deals of the Year Awards 2020 - Ahold Delhaize
2. Corporate organisations.
A legally qualified and experienced employee who supports an organisation in its legal and regulatory affairs.
Formerly known more often as an in-house lawyer.
3. Law firms.
A senior member of a law firm, who is not a partner.
4. Some jurisdictions.
A lawyer who undertakes advocacy in court.
5. Verb - wellbeing.
To provide a talking therapy - counselling - that helps the client to find ways to deal with personal problems.