Banks, Subordinated Debt

Sub Debt in Unprecedented Times

Troutman Pepper on 9/11/2020

The COVID-19 pandemic has changed life in the United States and around the world, to say the least. It has caused illness, quarantines, cancellation of events and travel, business shutdowns, record unemployment and overall...more

Subordinated Debt: An Effective Tool for Financing Growth

K&L Gates LLP on 7/21/2020

COVID-19 and the resulting economic downturn are expected to strain the U.S. banking system at a time when banks are grappling with how to modernize their products and services and keep pace with technological innovation....more

Subordinated Debt in a Family Business

Davis Wright Tremaine LLP on 7/30/2019

It is an old, old story in the family business world. A parent and a child start a business together. Or two siblings start a business together. Or a parent starts a business and passes it to her several children....more

Southern District of New York holds that intercreditor agreement allows for payment of subordinated lender’s post-petition...

King & Spalding on 2/10/2017

On January 27, 2017, the United States District Court for the Southern District of New York ruled that the subordinated creditor was entitled to payment of post-petition interest prior to repayment of the senior lender’s...more

Commercial Mortgage Loans and CMBS: Developments in the European Market – Chapter 5

K&L Gates LLP on 12/16/2016

As highlighted throughout this book, a significant development in the capital markets over the last two decades has been the arrival of real estate debt on the global stage as an asset class in its own right. Based on its...more

OCC Revises Guidance and Forms for Subordinated Debt Issued for Tier 2 Capital and Non-Capital Purposes

Katten Muchin Rosenman LLP on 4/22/2015

The Office of the Comptroller of the Currency (OCC) is revising and reorganizing its current guidance for subordinated debt issued by national banks (at appendix A of the “Subordinated Debt” booklet of the Comptroller’s...more