Are your lenders swapping seconds? Partner Keith Halverstam explains the term Swapping Seconds from the Book of Jargon® – US Corporate and Bank Finance.
This article is made available by Latham & Watkins for educational purposes only as well as to give you general information and a general understanding of the law, not to provide specific legal advice. Your receipt of this communication alone creates no attorney client relationship between you and Latham & Watkins. Any content of this article should not be used as a substitute for competent legal advice from a licensed professional attorney in your jurisdiction.