LSTA-Recent Developments Additional Material (2021-11)

A presentation of recent proposed bankruptcy-related legislation, academic articles and judicial decisions of interest to the lending community. Proposed legislation includes, the Non-Debtor Release Prohibition Act, the Stop Wall Street Looting Act, and the Venue Reform Act. Academic articles include, “Shocking Business Bankruptcy Law”, by Melissa Jacoby and “Chapter 11’s Descent into Lawlessness” by Lynn LoPucki. Judicial decisions include decisions on actual fraudulent transfer intent (Tribune), good faith defenses to fraudulent transfer actions (Picard v. Citibank), bank-forced management changes (Lockwood Int’l), executory contract (Weinstein Co.), and subchapter V developments (Vertical Mac, Blue, Cleary Packaging), as well as a discussion of recently proposed legislation.

Downloads
File
LSTA-Recent-Developments-Additional-Material-2021-11.pdf

Become a Member

Membership in the LSTA offers numerous benefits and opportunities. Chief among them is the opportunity to participate in the decision making process that ultimately establishes loan market standards, develops market practices, and influences the market’s direction.

View our Latest Member Spotlight

Our Partners

CUSIPDeal Catalyst transparent colourFitch Group logolseg_da_logo_hrz_rgb_posMorningstar