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Claiming Back Your VAT
All attendees of a London based course incur VAT as a part of the cost of attendance.
Euromoney Learning have partnered with VAT IT to allow you the unique opportunity to recoup the VAT incurred.
Using VAT IT's extensive experience and simple sign-up and refund process, every invoice can be turned into cash for your business.
Claim the VAT that's rightfully yours in four simple steps:
1. Register your interest
2. Sign a few simple documents
3. VAT IT processes your claim
4. Receive your refund
Why choose VAT IT
VAT IT have spent two decades identifying, researching and perfecting the foreign VAT Reclaim process and built the best back end technology in the industry. By partnering with Euromoney Learning, we can provide you with a fast and effective way to reclaim your VAT which helps reduce the cost of your training.
VAT IT will charge a percentage of the VAT refund if/when it is successful.
Can I claim back the VAT myself?
You can claim back VAT directly from the UK Tax Authority (HMRC) by completing the following form.
For European clients, please refer to form VAT 65.
All other clients, please refer to form VAT 65A.
You may also be able to claim back your VAT against courses taking place outside of the UK, and we would recommend contacting VAT IT, our specialist partner, to discuss how to do this.
Advanced Loan Documentation
This course forms Module 2 of the Loan Documentation School (Modular Course)
This module takes place over two short (5 hours) days and builds on Module 1 - our ever popular “Loan Documentation” program. This module gives delegates the opportunity to debate some of the key clauses in the loan agreement (and discussed in Module 1) in a highly practical workshop. For this purpose delegates will be expected to have a working knowledge of the key clauses and issues listed in the section on prerequisites
The course also looks at how the commercial context will affect the documentation - focussing in particular on project and asset finance. Finally, it also covers the other documents in a loan financing package – the security, intercreditor arrangements and legal opinions and the issues which those documents address.
This course will help you
- Consolidate your understanding of the commercially important points in the documentation package
- Appreciate the linkage between different documents in the financing package
- Master the important legal issues which commonly arise in a financing transaction including what can go wrong, where, and how to minimise the risks of this happening
- Improve your understanding of intercreditor agreements and of the different types of subordination
- understand the key features of asset and project based loans and
- understand the impact of security on the documentation and on the transaction process
Delegates will need to have a working knowledge of the following topics. These topics will either not be covered at all on this course, or, where they are discussed, the discussion will be at a detailed level, requiring participants to already understand the basics. If you are unfamiliar with any of these please attend the “Loan Documentation” course first.
- Title financing (or quasi security)
- Default (as opposed to Event of Default)
- “continuing” Events of Default
- LIBOR discontinuation and replacement
- Witholding tax and the gross up clause
- The role of the representations and repeating representations
- Negative pledge
- Pari passu
- Cross default
- Material adverse change clause
- The role of the Agent in a syndicated loan
- Methods of transferring loans
- Reservation of rights letters
Note - A good level of spoken and written English is required to attend this course. Delegates should be of an intermediate standard in English at a minimum. Please refer to the Common European Framework of Reference for Languages - as a guide the level required is B2.
This course will be run using meeting rooms technology. To find out more contact email@example.com
Start time each day will be 9am EST (Eastern Time Zone, USA)Day 1The Loan Agreement in different contexts - 1.5 hours
Loan Agreement Workshop 2.5 hours
- Structural issues
- Group or individual borrower?
- Lending to spe
- Structural subordination
- Corporate, project and asset finance
- Review borrower’s comments on a loan agreement and decide on lender’s response
- Review workshop
Intercreditor issues - 1.5 hours
Security - 1.5 hours
- Subordinated debt and subordinated security
- Different methods of subordination of debt
- The issues to be addressed by an intercreditor agreement
- Review clauses from an intercreditor agreement
Due diligence and legal opinions - 1 hourIn what circumstances might obligations be avoided or become unenforceable?
- application of funds clauses
- Impact on documents and transaction
- Types of security
- Financial assistance
- Ultra vires
- Commercial benefit
- Transactions at an undervalue
- Interference with contacts
What law applies?
Types of legal opinion
Our Tailored Learning Offering
Do you have five or more people interested in attending this course? Do you want to tailor it to meet your company’s exact requirements? If you’d like to do either of these, we can bring this course to your company’s office. You could even save up to 50% on the cost of sending delegates to a public course and dramatically increase your ROI.
If you want to run this course at a location convenient to you or if you want a completely customised learning solution, we can help.
We produce learning solutions that are completely unique to your business. We’ll guide you through the whole process, from the initial consultancy to evaluating the success of the full learning experience. Our learning specialists ensure you get the maximum return on your training investment.
We have a combined experience of over 60 years providing learning solutions to the world’s major organisations and are privileged to have contributed to their success. We view our clients as partners and focus on understanding the needs of each organisation we work with to tailor learning solutions to specific requirements.
We are proud of our record of customer satisfaction. Here is why you should choose us to help you achieve your goals and accelerate your career:
- Quality – our clients consistently rate our performance ‘excellent’ or ‘outstanding’. Our average overall score awarded to us by our clients is nine out of ten.
- Track record – 10/10 of the world’s largest banks have chosen us as there training provider and we have delivered training across the largest banks and have trained over 25,000 professionals.
- Knowledge – our 100+ strong team of industry specialist trainers are world leading financial leaders and commentators, ensuring our knowledge base is second to none.
- Reliability – if we promise it, we deliver it. We have delivered over 25,000 events both in person and online, using simultaneous translation to delegates from over 99 countries.
- Recognition – we are accredited by the British Accreditation Council and the CPD Certification Service. In an independent review by Feefo we scored 4.2/5 on service and 4.7/5 on Coursecheck
Sue Wright"I draw on my 20 years' experience as an English solicitor to run highly acclaimed training on loan documentation, international financial law and ship finance."
BiographySue Wright is a solicitor with over 18 years of experience in international banking transactions, including syndicated loans, subordinated debt, structured finance and tax driven transactions. She was a partner in the banking department at Norton Rose for 8 years and was responsible for training assistants there for 2 years. Sue has been highly recommended as one of the leading experts in her field by the Legal 500 and by Chambers. She was the Head of Professional Development at Herbert Smith and is now running an independent training consultancy, specialising in international banking.