학술논문
Litigating Borrowing Base Redeterminations.
Document Type
Article
Source
Subject
*COMMERCIAL loans
*REVOLVING credit
*ACTIONS & defenses (Law)
*FRAUD
*BREACH of contract
*FAIR use (Copyright)
*GOOD faith (Law)
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Language
ISSN
1937-2884
Abstract
The article discusses the redeterminations of the borrowing base, refers to the total credit limit of the borrower permitted by the reserve-based revolving credit facilities (RBL facilities), during litigation. It mentions possible claims that might be consider by a borrower including fraud, breach of contract, and breach of duty of fair dealing and good faith. Also discussed is the establishment of a borrowing base by a specific RBL facility.