Search Results

Total Results: 

Bankruptcy and Litigation Claims Recap

On March 15th the LSTA hosted a webinar on Bankruptcy and Litigation Claims presented by Justin Brass of Burford Capital and John Mills and Timothy Bennett of Seyfarth Shaw.  Trading in claims in bankruptcy cases is simply cashing out at a substantial discount  a creditor who cannot, or does not have the patience to, await a promised payout from a bankruptcy case.  Most opportunities for sourcing those claims arise in the Southern District of New York and Delaware; however, given last year’s turmoil in the oil & gas industry, there has been an increase in the number of related claims opportunities  in Texas.

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 a list of all members.

Our Partners

cusip-global-services-vector-logo.svgFitch Group logoRefinitiv-(March-2019)SP-Global-Market-Intelligence

Search Results by Relevancy

LSTA Newsletter: January 24, 2020

This week we recap secondary trading for 2019, give an update on LIBOR transition in the U.K., and let you know that we’ve published a credit agreement for investment grade term loans.

LSTA Secondary Trading 2019 Executive Summary

After recording consecutive record highs during the fourth quarter of last year ($211 billion) and again during the first quarter of this year ($212 billion), secondary loan trading volumes decreased 10% in the second quarter, to $191 billion.

LSTA Publishes its Second Credit Agreement

Today the LSTA published a new addition to its document library – the LSTA’s Form of Credit Agreement – Investment Grade Term Loan. This form is designed for a standalone term loan for investment grade borrowers.