NY Court of Appeals Clarifies What May Constitute a Binding Agreement in the Sale of Syndicated Loans
By EsqSocial Corporation 21/01/17
A unanimous New York Court of Appeals recently held that the acceptance of an auction bid for the sale of a syndicated loan may constitute a final and binding trade, even if there is language indicating that the agreement is “subject to” the...
By: Proskauer - Minding Your Business