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Kirschner v. JPMorgan Chase: What It Means for Syndicated Loans and Its Implications for the Secondary Trading Market

On May 22, Judge Paul Gardephe of the U.S. District Court for the Southern District of New York granted a motion to dismiss in Kirschner v. JPMorgan Chase Bank, N.A., a case that, among other things, considered whether the...more

Proposed Revisions to the LSTA Par Trade Confirmation: The Risks of Trading English Law Loans on LSTA Par/Near Par Terms

Background - Recently, the Loan Syndications and Trading Association (LSTA) circulated revised languageĀ relating to the trading of English law-governed loans on the LSTA Par/Near Par Trade Confirmation (the LSTA Par...more

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