lsta-amicus-radlax_030912-preview

The LSTA submitted an amicus brief to the US Supreme Court in the RadLAX Gateway Hotel case, arguing that secured creditors cannot  be prevented from “credit bidding” in an auction of their collateral in a “cram down” plan of reorganization.

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lsta-amicus-radlax_030912.pdf

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Bye-Bye, BSBY

Bye Bye, BSBY” upon BISL’s announcement of BSBY’s future cessation.