The contractual provisions relating to equity cure and excess cash flow are often negotiated and placed in various parts of syndicated bank loan documents, which lead to possibilities for...

Across the globe, as the wave of post-financial crisis corporate governance reform continues, the impact of the significant burdens on the regulators that are responsible for implementing...

Typical provisions for certain syndicated term loans have undergone a transformation in the last ten years, adopting some features traditionally found in high yield bonds. Investors and a...

This chapter discusses the principal federal laws, and certain other legal considerations, involved in the acquisition of an insured U.S. bank or thrift (depository institution) by a fore...

This chapter discusses the expanded powers that a foreign bank or its parent (foreign banking organization or FBO) may exercise in the United States if it successfully elects to be treate...

In the November 2011 issue of Futures Industry, we discussed the significant uncertainty around the timing of Dodd-Frank swap market reforms and the problems that this uncertainty raised ...

New political administrations often come into office with assumptions, and sometimes clear statements, about how their approach to antitrust enforcement will differ from that of their pre...

The market is abuzz regarding the potential outcomes for American Airlines bondholders whose obligations are secured by American’s slots, gates and routes (SGR). As background, “slots...

The breadth and complexity of the FATCA requirements in the proposed regulations issued by the IRS and Treasury Department pose significant challenges for many foreign funds and other for...