How does a lawyer specialize in project financing

Obtain and carefully study the Terms and conditions of funding the project form the Banker- [Lead Banker in case of consortium lending] Study the Parties to contract-legal constitution, their obligations, capacity to discharge their obligations, their interse-contracts of the borrowers with other suppliers /entities to complete contract within stipulated time. Commissioning of contract and implementation requirements – Legal compliances- certification from various authorities, labour law compliances. Consequences of breach of any agreement/s. If the project generates receivables, then escrow arrangement should be carefully drafted. As regards immoveable properties obtained as security [as per terms & conditions letter of the Banks] examine how it can be enforced in the event of default. Due diligence has to be carried out. Finally, time is the essence of the contract.