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Securities Law Blog
The Securities Law Blog provides commentary and news on the latest securities law developments impacting established and emerging growth publicly-traded issuers and investment banks, as well as entrepreneurs and venture-backed private entities. Our blog closely follows SEC rulemaking in several key areas including public and private securities offerings, shareholder activism and equity investment, and mergers & acquisitions.
The authors of this blog are members of the Corporate/Securities practice of Olshan Frome Wolosky LLP. Since our founding, this firm has been distinguished by responsive, independent and client-focused legal services provided by lawyers with a profound commitment to the companies they serve. This blog is an outgrowth of this representation of our clients in a wide range of capital market transactions.
Showing 11 posts in Loans.
Negotiating Loan Documents for Borrowers – Part VI
Understanding Events of Default Read More ›
Negotiating Loan Documents for Borrowers – Part V
Understanding Covenants Read More ›
Main Street Loan Facilities (June 8th Update)
On June 8, 2020, the Federal Reserve released additional guidance on the Main Street Lending Program, completely replacing earlier set of FAQs (April 30, 2020 and May 27, 2020) with new FAQs and revised term sheets. Read More ›
Main Street Loan Facilities
On May 27, 2020, the Federal Reserve released additional guidance on the Main Street Lending Program, completely replacing an earlier set of FAQs (April 30, 2020) with new FAQs and issuing model loan documents. This post reflects the new guidance. Read More ›
Negotiating Loan Documents for Borrowers – Part IV
Understanding Representations and Warranties Read More ›
CMBS Loan Restructurings: COVID 19 Causing Immediate Need for Loan Workouts
COVID-19 has caused immediate and severe disruption in commercial real estate. Common sense deferrals and restructurings will be needed. In this client alert, we discuss some of the unique dynamics of CMBS loan restructurings. Read More ›
Main Street Loan Facilities
In recently released FAQs (April 30, 2020), the Treasury Department (“Treasury”) announced a new third loan facility under the Main Street Lending Program — the Main Street Priority Loan Facility (the “Priority Loan Facility”). In addition, the new FAQs revise the terms of the two previously announced loan facilities — the Main Street New Loan Facility (the “New Loan Facility”) and the Main Street Expanded Loan Facility (the “Expanded Loan Facility” and, collectively, the “Main Street Loan Facilities”). The FAQs include new and revised term sheets (the “Term Sheets”) for the Priority Loan Facility, the New Loan Facility and the Expanded Loan Facility and are outlined in the client alert Read More ›
Negotiating Loan Documents for Borrowers – Part III
Preparation for Entering into a Loan Read More ›
Negotiating Loan Documents for Borrowers – Part II
Understanding Loan Options Read More ›
"Main Street” Loan Facilities under the CARES Act
On April 9, 2020, the Federal Reserve announced the details of a new program established under the CARES Act, the Main Street Lending Program, intended to assist small and medium-sized businesses impacted by the COVID-19 pandemic by making up to $600 billion in loans available for eligible borrowers. The program is designed for businesses with up to 10,000 employees or up to $2.5 billion in 2019 revenues. This client alert summarizes the terms of the loans available under this new program. Read More ›