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Powers of Attorney in Fund Financing Transactions

18 September 2017
Fund Finance Market Review - Fall 2017
A power of attorney (“POA”) is a written agreement wherein an individual or organizational person (the “principal”) provides advance authority to another party (the “agent”) to make certain decisions, to execute certain documents or to act on the principal’s behalf, generally or in certain circumstances. POAs can take the form of stand-alone documents or can be included within other documents (e.g., within a security agreement for a secured lending transaction).

Authors

  • Zachary K. Barnett
    T +1 312 701 8841
  • Mark C. Dempsey
    T +1 312 701 7484
  • Michael P. Gaffney
    T +1 704 444 3527
  • Anastasia N. Kaup
    T +1 312 701 8055
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