Tag Archives: LSTA

Comparing Agency Provisions in the United States and Europe

This post was also written by Helena Nathanson. The Loan Syndications and Trading Association (“LSTA”) provides model agency provisions that reflect standard market practice in the United Sates primary loan markets, while the Loan Market Association (“LMA”) provides model provisions reflecting market practices in the European markets.  In the U.S., the administrative and collateral agent … Continue Reading

Good News for Buyers in the Secondary Market

The New York Court of Appeals has decided that under New York law, buyers of debt in the secondary market can also assert claims related to the loans they purchase. As you might imagine, it's important that lenders who acquire loans know that they will not just be passive holders of the loans, but that they also will be able to take steps to enforce those loans if necessary.… Continue Reading
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