Banks Have Won Syndicated Loan Battle, But Not The War

By Brian Hail, Paul Haskel and Robert Waldner (April 29, 2024, 4:15 PM EDT) -- On Feb. 20, the U.S. Supreme Court finally brought the curtain down on the Kirschner v. JPMorgan Chase Bank N.A. et al. action when it denied bankruptcy trustee Mark Kirschner's petition for certiorari, which challenged the U.S. Court of Appeals for the Second Circuit's determination that syndicated bank loans were not securities....

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