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SNC: Leverage in the Time of COVID

For years, commentators have debated whether leveraged loans have credit risk (the risk of losing money due to principal loss), systemic risk (the risk that…

Opportunities Post-Pandemic (and Puppies)

On June 16th, in the second webinar of our Ops Series, Ellen Hefferan moderated a lively panel of operations professionals who shared experiences meeting equipment,…

Main Street Lending Program 3.0 Recap

On June 1st, the LSTA hosted a webinar, Main Street Lending Program 3.0, presented by Jason Kyrwood of Davis Polk, Kenneth Rothenberg of Alston &…

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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,…