Even well-drafted loan documents are frequently amended as market conditions and project expectations evolve. Although written amendments are sufficient to revise relevant deal terms between the principal parties, counsel should carefully assess guarantor obligations, including to avoid enforcement risk down the road.
Protecting Guaranties In Connection With Loan Modifications
This article discusses consideration that should be given to guaranties in connection with loan modifications and effective methods for protecting the enforceability of a guaranty in the face of loan modifications.

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