December 01, 2021

The Year is Closing In

2021 is coming to a close! As we move towards 2022, make sure you are on track for closing all of those deals. Review this practice note for an overview of the closing and post-closing process, including the individual documents and deliverables due at closing...
November 24, 2021

Are Lenders Too Friendly?

Review this market trend practice note for an overview of covenant-lite loans in today’s market. This practice note discusses recent market trends in publicly filed covenant-lite credit agreements since the last quarter of 2020. The term covenant-lite broadly...
November 17, 2021

Watch in Real Time . . . LIBOR is Moving Out!

Are you prepared for the transition of LIBOR? Watch this video to understand the change to LIBOR in credit agreements. This video showcases the background and provides an overview of replacing LIBOR as the benchmark interest rate in loan documents. WATCH NOW...
November 10, 2021

Guarantied to Learn Something about Guaranties

Learn something new about guaranties! This resource kit provides an overview of guaranties, including information on formation of guaranties, types of guaranties and enforceability issues. READ NOW » Related Content Enforceability and Types of Guaranties...
November 03, 2021

It’s All in the Abbreviations—ABCs of ABL

Stay abreast of developments in the asset-based lending (ABL) market by reviewing this practice note, which provides an overview of asset-based lending in the U.S. loan market and discusses current market trends in publicly filed asset-based loan agreements since...
October 27, 2021

Creepin’ It Real—And Creepin’ It Straight

Once your deal closes, it is time to relax. Until then, best practices dictate preparing a checklist of outstanding items that must be completed on a post-closing basis. This checklist will keep you on track to make sure you satisfy all post-closing matters. ...
October 20, 2021

Back to Basics . . . Credit Agreement Resource Kit

It is always good to remember the basics. Review this resource kit for a fresh primer on drafting, reviewing, and negotiating a credit agreement. This resource kit is your one-stop shop for quickly accessing practical guidance for all provisions in a credit agreement...
October 13, 2021

Decode the Spook in Crypto … Watch this!

Watch this short video to decode the fear in understanding cryptocurrency. This video provides an introduction to cryptocurrency and discusses the regulation of (or trying to regulate) cryptocurrency. WATCH NOW » Related Content Blockchain for Financial...
October 05, 2021

Document that!

Make sure you are doing your best for your client when you start to negotiate your deals. This practice note discusses an overview of documentation principles and provides an analysis of market trends in certain publicly filed commitment letters from the second...
September 29, 2021

Time for Equity

Make sure you are up to date on the latest trends in equity cure rights in credit agreements. This practice note discusses current market trends in publicly filed credit agreements from the second half of 2020 and first half of 2021. Equity cure rights permit an...
September 22, 2021

It’s a Race to the Middle of the Loan Market

Are you working on middle market loans? Check out the trends in the middle market for 2020 and the first half of 2021. This trend note illustrates the impacts the COVID-19 pandemic has had on the loan market, the market’s reaction to the scheduled cessation...
September 15, 2021

Did You Make a Payment Mistake?

Following the famous Citibank decision, the loan market started including erroneous payment clauses in credit agreements. Such provisions require lenders to return payments paid to them in error by the administrative agent. See trending erroneous provisions from...
September 07, 2021

Open This, Close That

Are you getting ready to close a deal? If so, make sure you are on top of all of your deliverables, including all of the ancillary documents that are prepared and delivered in connection with the deal, such as the perfection certificate, closing checklist, closing...
September 01, 2021

Bail In or Bail Out?

Stay up to date with this practice note that describes how credit agreements and commitment letters have addressed the possibility of European lending institutions becoming subject to “bail-in” powers of European bank regulators, including a discussion...
August 25, 2021

Borrowers … Check This!

Are you working with borrowers to draft a credit agreement? Use this easy-to-follow checklist of items that you should consider in preparing for a borrower to comply with requirements in a loan transaction. READ NOW » Related Content Affirmative Covenants...