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Insolvency Participation Agreements

Kramer Levin Naftalis & Frankel LLP

Debt Dialogue: August 2017 - When Is a Loan Participation a Sale, When Is It a Loan and Why Does It Matter?

If a participation agreement is not characterized as a true sale of a participating interest or a true participation but rather as a loan from the participating lender to the originating lender, the participating lender will...more

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