In a decision of great importance to syndicated loan market, Judge Paul Gardephe of the Southern District of New York recently ruled that syndicated institutional term loans are not securities. This webinar discussed the background of the case and why it was so important, what the decision actually says, whether or not it is likely...
In a decision of great importance to syndicated loan market, Judge Paul Gardephe of the Southern District of New York recently ruled that syndicated institutional term loans are not securities. This webinar discussed the background of the case and why it was so important, what the decision actually says, whether or not it is likely...
The attached document is the motion to dismiss in Kirschner v. JPMorgan Chase, a case that considers whether the origination and distribution of the Millennium Laboratories “Term Loan B” is subject to state (and, effectively, federal) securities laws....
