In this Issue:

2 New Section 108(i) Guidance – An Executive Summary

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3 IRS Lends Public-Private Investment Program a Helping Hand

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4 Permissive Guidance on Commercial Mortgage Loan Modifications

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5 Schering-Plough Corp. v. United States

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6 “Enhanced” Trust Preferred Securities: A-Ok?

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7 Senator Ron Wyden’s “Oil Bill”

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8 A Summary Comparison of BDCs and REITs

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10 Learning Annex – A Primer on Foreign- Currency Linked Structured Notes

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12 Press Corner MoFo in the News

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Please see full bulletin below for more information.