12 Leveraged Lending Guidance: Game Changer?
Meredith Coffey, EVP- Research of the LSTA, provides a recap of the
Leveraged Lending Guidance, the latest iteration of a 20-year process
in which the agencies advise banks of acceptable lending practices.
But this time, the guidance conflicts significantly with market
practice – and has the potential to lead to material changes.
By Meredith Coffey
16 Developing Best Practices When Bitcoin is Collateral
Many secured lenders already hold incidental liens in bitcoin and
other alternative currencies, but have not created paths for post-default realization. Lenders can develop best practices for recovery
by examining these currencies, the Uniform Commercial Code, and
existing market practices involving traditional collateral assets.
By Andrew P. Strehle, Bennett S. Silverberg, and Tia L. Chatterjee
8 2013 Asset-Based Lending
Weighed Down By Refinancings;
Trend Consistent With Broader
It was a year of good news and bad news.
Asset-based lending volume hit the second
highest total on record in 2013: $83 billion.
New money, however, hovered near
historic lows. By Maria C. Dikeos
Representing the Asset-Based Financial Services & Factoring Industries Worldwide