Week in Review 07 23 21

This week in review Meredith Coffey celebrates the anointment of Term SOFR for loans and CLOs, Elliot Ganz reviews one more solution for bankruptcy problems, Meredith Coffey explains that Term SOFR loan conventions nearly mirror LIBOR loan conventions (so it’s plug-and-play!) and Bridget Marsh recaps the first week of the LSTA Summer Series.

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The Kirschner Case: This is the End

The Supreme Court denied Kirschner's petition for certiorari, finally ending the case. As LSTA's Elliot Ganz explains, this cements that syndicated loans are not securities,…