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The Loan Market Wins Big in Kirschner Case

Success! Today the Second Circuit Court of Appeals affirmed the District Court’s decision in the Kirschner Case that the term loan in Millenium Labs is…

The SEC Passes on Kirschner

This week, the General Counsel of the Securities and Exchange Commission (“Commission”) notified the Court of Appeals for the Second Circuit hearing the Kirschner case.

Schrodinger’s Securities?

What really happens if the SEC suddenly says loans are securities? The LSTA’s Elliot Ganz and Meredith Coffey discuss the things that are clear(ish) and…

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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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