LSTA CLE Webcast: The Kirschner Case: Loans are NOT Securities. What Does it All Mean?
- 6.4.2020 | 4:00 PM - 5:00 PM
In a webinar hosted by the Loan Syndications and Trading Association (LSTA), Partner Yoon-Young Lee will join other panelists to discuss the Kirschner case. In a decision of great importance to syndicated loan market, Judge Paul Gardephe of the Southern District of New York recently ruled that syndicated institutional term loans are not securities. This webinar will focus on the background of the case and why it was so important, what the decision actually says, whether or not it is likely that the decision will be appealed, and what the decision means for the future of the syndicated loan market.
