After a large contingent of Dechert attorneys attended April’s IMN CLO and Leveraged Loan Conference, our CLO team returned home optimistic and eager to continue to play a significant role in the thriving CLO market. As the months quickly passed and the clock hit double zeros in the second quarter of 2013, the halftime
August 2013
TO THE BARRICADES! (AGAIN)
By Rick Jones on
Out of the dimensionless emptiness of the information vacuum surrounding Dodd-Frank risk retention that enveloped us early this year, the word is now spreading, through what you might charitably describe as informal communications (leaks), that the joint regulatory committee responsible for the risk retention rules is about to re-propose something, perhaps as early as September.Continue Reading TO THE BARRICADES! (AGAIN)
What’s in a Name?: A Private Sale by a Receiver May Amount to a Foreclosure Sale under Nevada State Law
By Krystyna Blakeslee on
If the Nevada Supreme Court affirms a lower court’s ruling that a private sale of real property by a receiver constitutes a foreclosure sale, the lending industry (e.g., lenders, special servicers and maybe borrowers) will lose the ability to seek deficiency judgments in Nevada unless the parties comply with state statutory foreclosure requirements.Continue Reading What’s in a Name?: A Private Sale by a Receiver May Amount to a Foreclosure Sale under Nevada State Law