Many loan market participants are expecting a steep rise in borrower defaults and bankruptcy filings. What is the purpose of Chapter 11? How does it work? What unique challenges to the bankruptcy system can we expect from unprecedented disruption of the COVID-19 pandemic?  You will not receive CLE Credit for viewing the replay.

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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,…