In the latest podcast, Bridget Marsh, LSTA’s EVP and Deputy General Counsel, highlights issues that may arise when drafting the form which is then attached as an exhibit to the applicable credit agreement and explains other issues which may arise when completing the form as an assignor/assignee.   Importantly, the LSTA’s Form of Assignment Agreement has been drafted so that parties need not tailor the agreement depending on the identity of each assignee.  In this way, electronic settlement  platforms do not need to create “pop-ups”, ie, questions which appear or “pop-up” on the screen of the person completing the assignment agreement and which must be answered before the assignment agreement can be populated and finalised.  By avoiding “pop-ups”, the loan market can operate more efficiently, for trades will be able to settle more promptly.  Please contact Bridget Marsh to submit ideas for future podcasts.

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The LSTA Returns to Tel Aviv

November 23, 2022 - After a Covid-driven hiatus of three years, the LSTA finally returned to Tel Aviv.  Elliot Ganz moderated a panel attended by…

Tokyo Calling: Investing in US Loans

On November 9th, the LSTA. along with a slew of CLO managers, arrangers and investors, welcomed more than 600 Japanese investors to the LSTA Tokyo…