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Floating charges and the challenge of cross-Atlantic lending

Floating charges and the challenge of cross-Atlantic lending

Mar 11, 2026
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Many US lenders stepping into the UK ABL market are surprised by how different, and more complex, the English law security package can feel.

In insolvency, recoveries under floating charges are often materially lower, especially once preferential claims and statutory deductions are paid first. Understanding these distinctions is essential to protecting value in cross‑border ABL structures.

Watch as BCLP Partners Lerika Le Grange and Braden Shaw share their insights on managing these complexities.

If you’re considering entering the UK ABL market, the BCLP team can help you navigate the English law security landscape with confidence.

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Meet The Team

Lerika Le Grange
Lerika Le Grange
+44 (0) 20 3400 4269
Braden Shaw
Braden Shaw
+1 312 602 5160

Meet The Team

Lerika Le Grange
Lerika Le Grange
+44 (0) 20 3400 4269
Braden Shaw
Braden Shaw
+1 312 602 5160

Meet The Team

Lerika Le Grange
Lerika Le Grange
+44 (0) 20 3400 4269
Braden Shaw
Braden Shaw
+1 312 602 5160
This material is not comprehensive, is for informational purposes only, and is not legal advice. Your use or receipt of this material does not create an attorney-client relationship between us. If you require legal advice, you should consult an attorney regarding your particular circumstances. The choice of a lawyer is an important decision and should not be based solely upon advertisements. This material may be “Attorney Advertising” under the ethics and professional rules of certain jurisdictions. For advertising purposes, St. Louis, Missouri, is designated BCLP’s principal office and Kathrine Dixon (kathrine.dixon@bclplaw.com) as the responsible attorney.