Practical Law – What’s Market: Erroneous Payment Provisions
A discussion of the decision of the United States District Court for the Southern District of New York in the Revlon case, the effect of…
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Draft of Par Confirm STCs – Erroneous Payment
Although the EPP is still evolving and remains in draft, the LSTA has been working on the second step, ie, developing language for inclusion in…
Blackline of Par Confirm STCs – Erroneous Payment
Attached is the blacklined version which shows the changes to the existing Par Confirm dated January 27, 2021.
Revlon – Mistaken Payments Cutoff Dates
By Bridget Marsh. Following the court’s decision in the Revlon Case in February, administrative agents have been including specific provisions in new credit agreements.
Erroneous Payment Provision
This market advisory addresses the situation where an administrative agent has made an erroneous payment to lenders.
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