Davis Polk Finance practice co-head Jim Florack, partners Meyer Dworkin and Vanessa Jackson and counsel Ledina Gocaj authored the “USA: Trends and Developments” chapter in Chambers’ Banking & Finance 2023 global practice guide. The chapter examines the implications of the recent banking sector turmoil for the syndicated loan market, including the interaction of the FDIC receivership and resolution process with some common features of syndicated loan documents.

The Banking & Finance 2023 guide covers 35 jurisdictions. The guide provides the latest legal information on the loan market in a given jurisdiction, such as the impact of the Ukraine war and ESG lending; loan structuring and documentation, including restrictions on foreign lenders; tax issues; guarantees and security; enforcement; bankruptcy and insolvency; and project finance.

Read the chapter