The High Court has found in favour of a lender in its claim against a dissolved airline business for sums due under a loan facility agreement (which was secured by an aircraft mortgage): Lombard North Central plc v European Skyjets Ltd [2022] EWHC 728 (QB). This decision will be of […]
Termination
Item 1.01. Entry into a Material Definitive Agreement On February 10, 2022 (the “Closing Date”), certain indirect subsidiaries of Orion Office REIT Inc. (“Orion”) (the “Mortgage Borrowers”) obtained a $355 million fixed rate mortgage loan (the “Loan”) from Wells Fargo Bank, National Association (the “Lender”), which is secured by the […]