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...
Articles & Books
Regulation of Foreign Banks and Affiliates in the United States (6th ed.)
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...
Articles & Books
Regulation of Foreign Banks and Affiliates in the United States (7th ed.)
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...
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...
Articles & Books
Bloomberg BNA’s Securities Regulation and Law Report, 43 SRLR 157
Next year is shaping up another to be another significant year for US regulatory reform. Here are our predictions of 12 key issues for 2012:
1. Oversight of, and challenge to, regulatory ...
In August 2011, the Loan Syndications and Trading Association (“LSTA”) through its Primary Market Committee (“PMC”) published its revised Model Credit Agreement Provisions 2011 (?...