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New York Court of Appeals Endorses LSTA Position

USA - December 21 2016 In a unanimous decision in Stonehill v. Bank of the West, the New York Court of Appeals issued a ringing endorsement of the LSTA’s position that the...

Jon Kibbe, Rachel S. Mechanic, Jennifer Grady, David W.T. Daniels.

Commercial Division creates optional “rocket docket”

USA - September 9 2014 The choice of the forum for the resolution of business disputes arises at three times: when drafting a contract with an arbitration or forum...

Are hedge funds “financial institutions”? an analysis of Meridian Sunrise Village, LLC v. NB Distressed Debt Investment Fund Ltd.

USA - April 16 2014 In a recent decision that has captured the attention of the U.S. secondary loan market, the United States District Court for the Western District of...

Paul B. Haskel.

Direct bank loans to municipalities: what are the implications under the federal securities laws?

USA - June 8 2012 Traditional public municipal bond offerings have steadily declined over the past several years....

Paul J. Devlin.

Municipal Securities Rulemaking Board Notice raises questions whether certain loans to municipal governments are securities

USA - September 22 2011 On September 12, 2011, the Municipal Securities Rulemaking Board issued Notice 2011-52 titled “Potential Applicability of MSRB Rules to Certain ‘Direct Purchases’ and ‘Bank Loans’"....