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Elliot Ganz

General Counsel and Chief of Staff

eganz@lsta.org / (212) 880-3003

Elliot Ganz is the LSTA’s General Counsel and Chief of Staff. Since 2005 he has managed all legal issues and co-headed its government policy and advocacy efforts. In 2018 Elliot was appointed to the additional role of Chief of Staff, responsible for managing the LSTA’s staff and leading its strategic initiatives. He is a 1980 graduate of New York University School of Law and a 1977 graduate of Queens College, City University of New York. Before joining the LSTA Mr. Ganz worked for three years at a Wall Street law firm followed by 22 years in senior legal positions at four major US and international banks. He is a member of the bar of the Supreme Court of the United States, a fellow of the American College of Commercial Finance Lawyers and served as a member of the Committee on Financing Chapter 11 of the American Bankruptcy Institute’s Commission to Study the Reform of Chapter 11. Mr. Ganz has supervised the filing of over 20 amicus briefs on important loan and bankruptcy-related cases, including three briefs supporting successful appeals to each of the New York Court of Appeals and Supreme Court of the United States. He most recently supervised a successful lawsuit under the Administrative Procedure Act against the Securities and Exchange Commission and the Federal Reserve Board on the critical issue of risk retention under the 2010 Dodd-Frank Act.

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LSTA Newsletter: January 24, 2020

This week we recap secondary trading for 2019, give an update on LIBOR transition in the U.K., and let you know that we’ve published a credit agreement for investment grade term loans.

LSTA Secondary Trading 2019 Executive Summary

After recording consecutive record highs during the fourth quarter of last year ($211 billion) and again during the first quarter of this year ($212 billion), secondary loan trading volumes decreased 10% in the second quarter, to $191 billion.

LSTA Publishes its Second Credit Agreement

Today the LSTA published a new addition to its document library – the LSTA’s Form of Credit Agreement – Investment Grade Term Loan. This form is designed for a standalone term loan for investment grade borrowers.