Companies Act 2006: Primary legislation governing company operations in the UK, particularly relevant for company charges, registration requirements, directors' duties and corporate authority in relation to intercreditor agreements
Insolvency Act 1986: Key legislation establishing rules regarding creditor priority, preferential debts, and set-off provisions in insolvency scenarios, crucial for subordination arrangements
Enterprise Act 2002: Legislation modifying the insolvency regime and affecting how security can be enforced in intercreditor arrangements
Law of Contract: Common law principles governing contractual interpretation, consideration requirements, and capacity to contract, fundamental to any intercreditor agreement
Equitable Principles: Legal principles governing subordination, equitable assignments, and trust arrangements in intercreditor relationships
Financial Services and Markets Act 2000: Regulatory framework applicable when any parties to the intercreditor agreement are regulated entities
Financial Collateral Arrangements (No.2) Regulations 2003: Regulations governing arrangements involving financial collateral in intercreditor agreements
Banking Act 2009: Legislation specifically relevant when banks are involved as creditors in the intercreditor arrangement
EU Retained Law: Post-Brexit retained EU legislation that may impact intercreditor agreements with cross-border elements
Cross-border Insolvency Regulations 2006: Regulations governing cross-border insolvency scenarios that may affect intercreditor arrangements with international elements
