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TALF-Take Three

On Monday, June 8 The Federal Reserve Bank of NY issued revisions to the FAQs: TALF originally issued on May 12.

TALF & CLOs: Take Two

On Tuesday, the Federal Reserve released an updated TALF term sheet and FAQs. An early review finds significant refinements that make the program more useable…

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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,…