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Reorg Radio

Double Dose: LSTA's Ganz on SEC Funds Regs, Schwartz on Real Estate Trends

Sep 19, 2023
54:53
Snipd AI
Elliot Ganz from LSTA discusses the fight against SEC regulations and leveraged loans. Belinda Schwartz talks about trends in distressed real estate. Topics include ruling on syndicated loans, regulatory challenges, SEC fund rules impact, and commercial real estate bankruptcy trends.
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Podcast summary created with Snipd AI

Quick takeaways

  • Court rulings clarify syndicated loans not as securities, providing market safety.
  • Potential reevaluation of securities status if market changes significantly occur.

Deep dives

Court Decisions on Note Issuance under Syndicated Leverage Loan

Recent court decisions clarified that syndicated loans are not considered securities, providing a safe harbor for the market. The rulings affirm that term loans, like the Millennium loan, do not fall under securities laws. This decision sets clear boundaries for market participants, reducing the likelihood of securities-related issues in the future.

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