In a decision of great importance to syndicated loan market, Judge Paul Gardephe of the Southern District of New York recently ruled that syndicated institutional term loans are not securities. This webinar discussed the background of the case and why it was so important, what the decision actually says, whether or not it is likely that the decision will be appealed, and what the decision means for the future of the syndicated loan market.
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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.