Proceeds Letter for Post-Effective Date Settlement Distressed (Jul 21 2023)
This form is used to settle a distressed trade where the borrower is a debtor in a case under Chapter 11 of the Bankruptcy Code.
Membership in 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.