Carlo DeHart

Carlo DeHart

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Kirschner Update: 2nd Circuit Affirms District Court Opinion That Leveraged Loans Are Not Securities

In its highly anticipated decision, the Second Circuit has answered the question of whether a syndicated term loan qualifies as a “security” with a definitive “no”. On August 24, the Court of Appeals for the Second Circuit...more

8/28/2023  /  Consumer Financial Products , Financial Markets , Financial Services Industry , Leveraged Loans , Reves v Ernst & Young , Securities , Securities and Exchange Commission (SEC) , Securities Regulation , Syndicated Loans
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