Section 112020 of the “One Big Beautiful Bill Act” (OBBBA), House version, would expand the reach of the IRC § 4960 excise tax on compensation in excess of $1 million (equal to 21%, the...
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Stay ahead of the curve and explore how artificial intelligence (AI) is reshaping the landscape of credit agreements—this new tracker identifies provisions in credit agreements that address AI. Parties to credit agreements have started including provisions addressing AI for various reasons, including how AI may impact the borrower’s business or general AI covenants. This tracker will add analysis of new publicly filed credit agreements that include AI provisions and determine whether trends emerge into standardizing such provisions.
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