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LSTA Newsletter: May 17, 2019

This week we cover LMF Case Study; LSTA Automates Credit Agreement; Shaiman Publishes Creditflux Column

LSTA Automates its Credit Agreement

On May 10th, the LSTA hosted a webinar to discuss the automation of the LSTA’s Form of Revolving Credit Facility (the “LSTA Revolver”) using OpenLaw’s open source markup language. LSTA’s Bridget Marsh and Tess Virmani were joined by Aaron Wright of Cardozo Law, Michael Rice of OpenLaw, and Douglas Landy of Milbank to discuss the pros and cons of automating the LSTA Revolver and different lessons learned during the exercise.

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