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Borrowers Section 316(b)

Robins Kaplan LLP

Second Circuit Rules on TIA Section 316(b); Overturns Marblegate (and Caesars)

Robins Kaplan LLP on

Yesterday, in the latest chapter in the ongoing debate over Section 316(b) of the Trust Indenture Act, the Second Circuit reversed the district court’s decision in Marblegate, concluding that the TIA does not prohibit...more

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