Using Shares as security

Using Shares as security

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American Parent company and UK subsidiary. 100% shareholding in the UK company

American parent company acquired another American Company using a US bank loan. The US bank wants a charge over the UK company shares.

I know security over assets can be registered at companies house but not shares ?  I am representing the UK company

 

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paddle steamer
By DJKL
08th Aug 2017 20:13
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Replying to DJKL:
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By Jim100
08th Aug 2017 22:32

Thank you so much for this - I didn't have a clue what the client was talking about. He did say Share Pledge but thought that was American terminology

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Replying to DJKL:
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By Jim100
08th Aug 2017 22:32

Thank you so much for this - I didn't have a clue what the client was talking about. He did say Share Pledge but thought that was American terminology

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