The U.S. Supreme Court declined to hear an appeal of the Second Circuit Court of Appeals’ ruling in Kirschner v. JP Morgan Chase Bank. Last August, the Second Circuit Court of Appeals held in Kirschner that syndicated term...more
In a win for banks and private credit lenders, the U.S. Court of Appeals, Second Circuit recently ruled a $1.8 billion leveraged loan was not a security.
The United States syndicated loan market had been anxiously...more
9/28/2023
/ Amicus Briefs ,
Appeals ,
Banks ,
Chapter 11 ,
Department of Justice (DOJ) ,
False Claims Act (FCA) ,
Hedge Funds ,
Institutional Investors ,
Lenders ,
Leveraged Loans ,
Mutual Funds ,
Reves v Ernst & Young ,
SCOTUS ,
Securities ,
Securities and Exchange Commission (SEC) ,
Syndicated Loans ,
U.S. Treasury