Distressed Debt and Claims Trading
Overview
Crowell & Moring is recognized internationally as a leader in distressed debt industry developments and legal practices. By representing many of the original investors who pioneered trading in the distressed bank loan market, we helped create documentation, standards and customs that were adopted by the entire secondary loan trading marketplace. Our experience representing hedge funds, investment banks, CLO managers and other financial institutions in all aspects of loan and claims trading gives our lawyers a unique understanding of the legal issues and commercial complexities that underpin the market.
Contacts
Insights
Client Alert | 4 min read | 08.18.23
Change Is a Coming: The Financial Services and Markets Act 2023
On 29 June 2023, the long-awaited Financial Services and Markets Act 2023 (the “Act”) received Royal Assent, clearing the Act’s final hurdle prior to its implementation. The Act is the framework for the UK’s post-Brexit financial legislative and regulatory landscape. Focusing on the promotion of competition, innovation and investor protections, it hopes to ensure the UK’s continued leadership in the global economy by providing “a smarter financial services framework”. While the Act is 349 pages in length, we have set out some of the key themes and regulations currently making headlines.
Client Alert | 3 min read | 07.26.23
Client Alert | 3 min read | 09.15.21
The Problem of “Debtor-Creditor” Language when Selling Loans by Participation
Client Alert | 4 min read | 06.08.20
Professionals
Insights
Client Alert | 4 min read | 08.18.23
Change Is a Coming: The Financial Services and Markets Act 2023
On 29 June 2023, the long-awaited Financial Services and Markets Act 2023 (the “Act”) received Royal Assent, clearing the Act’s final hurdle prior to its implementation. The Act is the framework for the UK’s post-Brexit financial legislative and regulatory landscape. Focusing on the promotion of competition, innovation and investor protections, it hopes to ensure the UK’s continued leadership in the global economy by providing “a smarter financial services framework”. While the Act is 349 pages in length, we have set out some of the key themes and regulations currently making headlines.
Client Alert | 3 min read | 07.26.23
Client Alert | 3 min read | 09.15.21
The Problem of “Debtor-Creditor” Language when Selling Loans by Participation
Client Alert | 4 min read | 06.08.20