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Agencies Formally Confirm Lessened Consequences for Noncompliance With Leveraged Lending Guidance

USA - September 13 2018 On Sept. 11, 2018, the Board of Governors of the Federal Reserve System, the Office of the Comptroller of the Currency, the Federal Deposit Insurance...

John Bessonette, Kenneth Chin, David J. Fisher, David S. Berg, Richard E. Farley, Todd E. Lenson, Fabien Carruzzo, Jamie D. Kocis, Christopher Auguste.


The New Delaware LLC “Divisive Merger” Provision - A Potentially Dangerous Loophole Under Debt Covenants

USA - August 21 2018 Effective August 1, 2018, the Delaware Limited Liability Company Act (the Delaware LLC Act) allows a Delaware limited liability company (an LLC) to...

John Bessonette, Kenneth Chin, David J. Fisher, David S. Berg, Richard E. Farley, Todd E. Lenson, Fabien Carruzzo, Jamie D. Kocis, Christopher Auguste.


South Dakota v. Wayfair and the End of Quill: Sales Tax Collection in a Digital Age

USA - July 18 2018 In a decision dated June 21 - South Dakota v. Wayfair - the Supreme Court held that no “physical presence” is required for a state to impose sales tax...

Howard J. Rothman, Pamela M. Capps.


Tax Structuring for Direct Lenders

USA - July 9 2018 As banks shift lending toward larger corporations, fund managers are increasingly launching direct lending vehicles to finance small and medium-sized...

George M. Silfen, Kevin P. Scanlan.


Funds Talk: July 2018

USA - July 2 2018 Fund managers considering opportunities in permanent capital vehicles have a variety of alternatives to choose from. The following chart highlights...

John Bessonette, Kenneth Chin, David J. Fisher, George M. Silfen, David S. Berg, Richard E. Farley, Fabien Carruzzo, Jamie D. Kocis, Christopher Auguste.