We use cookies to customise content for your subscription and for analytics.
If you continue to browse Lexology, we will assume that you are happy to receive all our cookies. For further information please read our Cookie Policy.

Search results

Order by: most recent most popular relevance



Results: 1-10 of 129

Bail out the sea of paper in your in-box - understanding Article 55 bail-in clauses
  • Reed Smith LLP
  • European Union
  • January 26 2016

From 1 January 2016, European Economic Area (EEA) member states are required to implement Article 55 of the European Union Bank Recovery and


Safe harbors and securitizations: loan payments in connection with a commercial mortgage-backed securitization protected from clawback under the U.S. Bankruptcy Code safe harbors
  • Reed Smith LLP
  • USA
  • May 14 2015

In Krol v. Key Bank National Association, et al. (In re MCK Millenium Centre Parking, LLC), Adv. No.14-00392 (N.D. Ill. Apr. 24, 2015), the U.S


Make whole provisions in bankruptcy
  • Reed Smith LLP
  • USA
  • September 26 2014

Loan agreements and bond indentures often contain "make-whole" provisions, which provide yield protection to lenders and investors in the event of a


Distressed over Eligible Assignees: who's in, who's out in Meridian Sunrise Village
  • Reed Smith LLP
  • USA
  • May 29 2014

A recent decision out of the U.S. District Court for the Western District of Washington will be of interest to both lenders and borrowers of loans


Warehouseman’s liens for traders, banks and storage operators
  • Reed Smith LLP
  • Singapore, United Kingdom, USA
  • March 20 2014

When goods are delivered to a professional storage operator (we will refer to them as a warehouseman) for safe keeping, they may become subject to a


Are those bankruptcy waivers in your intercreditor agreements effective?
  • Reed Smith LLP
  • USA
  • February 28 2014

If you have negotiated an intercreditor agreement, you are familiar with the lengthy bankruptcy waivers typically drafted by counsel for first-lien


Parent obligor can pledge subsidiary’s collateral with subsidiary’s knowledge and consent
  • Reed Smith LLP
  • USA
  • December 11 2013

The Third Circuit held that a parent obligor could effectively pledge as collateral the deposit account of its subsidiary, with the subsidiary's


Delaware Chancery Court evaluates ‘public, commercially reasonable’ foreclosure sale under UCC
  • Reed Smith LLP
  • USA
  • December 11 2013

Edgewater Growth Capital Partners LP created the debtor and guaranteed its indebtedness. After several attempts to restructure the debtor, the


Following Castleton Plaza, competitive bidding required where insider asserts ‘new value’ exception to absolute priority rule
  • Reed Smith LLP
  • USA
  • June 12 2013

The court denied confirmation of the debtor’s plan, finding that: (i) the debtor failed to demonstrate that it would be able to obtain financing to


Exit lenders liable for conversion where distributions contravene credit agreement
  • Reed Smith LLP
  • USA
  • June 12 2013

A group of lenders participated in a syndicated loan. When the borrowers filed for bankruptcy, the lenders were forced to buy certain of the