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Market Advisory on FIRPTA

The LSTA published a Market Advisory which discusses the implications of The Foreign Investment in Real Property Tax Act (“FIRPTA”).

Market Advisory – Hertz

The LSTA published today a Market Advisory relating to the allocation of the Settlement Payment in the Hertz bankruptcy for distressed trades.

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.

Distressed Trading – Interest Conventions

Today the LSTA published a Market Advisory addressing whether a credit trading on LSTA distressed documentation should trade on a “Settled Without Accrued Interest” basis…

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