The LSTA filed successful amicus briefs in DDJ Capital Management v. Rhone Group with the New York Court of Appeals in support of DDJ Capital’s request for review, and on the merits, in a case concerning the ability to rely on a borrower’s representations and warranties.
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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.
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