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Should companies that manage collateralized loan obligations but don't originate the loans be subject to Dodd-Frank's risk-retention rules for securitizations?
By Glen FestFebruary 10 -
Warehouse financing is back, and it's one of the drivers of the resurgence in collateralized loan obligations. Banks are more willing to provide it, but nonbanks are bigger players, too.
By Glen FestAugust 11 -
A federal district court in Washington upheld another ruling disallowing three hedge funds controlling portions of a defaulted loan from voting on a reorganization plan. The ruling could impact banks as they make more concessions to win business.
By Glen FestJune 16 -
Legal experts are becoming increasingly concerned that federal judges are questioning the right of a lender of secondary creditor to bid the full value of claims in Chapter 11 cases. For banks looking at bankruptcy, this development provides more encouragement to settle with certain debtholders before seeking legal protection.
By Glen FestMay 29