15-1682-bkl-in-re-mpm-silicones-llc-brief-for-amici-curiae-preview

LSTA filed this amicus brief: should a market rate of interest be applied in Chapter 11 cases where there exists an efficient market or should courts rely on a “formula” rate such as a risk-free base rate plus a credit spread?

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15-1682-bkl-in-re-mpm-silicones-llc-brief-for-amici-curiae.pdf

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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,…