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Outlook: On Credit & Handshakes

Covid-19 was the mother of all stress tests for the leveraged loan market. Fortunately, as the GAO’s report on leveraged lending noted, both loans and…

GAO on LLG: What Now?

Last week we reported that the Government Accountability Office (“GAO”) issued an opinion that the Leveraged Lending Guidance (“LLG”) was a “rule” subject to the…

Will the Leveraged Lending Guidance GAO Away?

In a step that could have far reaching implications for the loan market, on Thursday, the Government Accountability Office (“GAO”) issued an opinion that Leveraged…

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LSTA Suite of Documents Continues to Grow

February 28, 2024 - This article was first published in the 2024 winter edition of Loans Magazine, which can be accessed here. There are two legal projects…

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,…