Chapman is tracking legal, regulatory, and legislative developments related to the coronavirus/COVID-19 crisis. Our resources include client alerts that address issues spanning the financial services industry.

As companies default under their credit agreements, lenders have to decide what course of action is appropriate to effectuate their goals. Should the lender give the borrower breathing room by entering into a forbearance agreement in exchange for certain milestones, or is more aggressive enforcement action required?

The parties to the closely watched litigation by the Attorney General of Colorado as Administrator of the Colorado Uniform Consumer Credit Code against two marketplace lending platforms have agreed to settle the litigation.

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Topic: Trust Indenture Act

5 matches.

White Paper
Defaulted Securities: The Guide for Trustees and Bondholders
March 2018
Chapman’s "Defaulted Securities: The Guide for Trustees and Bondholders" advances understanding and consideration of issues related to trustees and bondholders in both corporate and municipal financings.

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Client Alert
Second Circuit Rolls Back Expansive Trust Indenture Act Interpretation
January 25, 2017
In a decision that deals a potential blow to holdout noteholders in out-of-court restructurings, the United States Court of Appeals for the Second Circuit adopted a narrow interpretation of Section 316(b) of the Trust Indenture Act.

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Client Alert
The Aftermath of EMC and Caesars: Trust Indenture Act Claims Brought by Objecting Bondholders
March 24, 2016
Retail bondholders recently filed two class action suits in the United States District Court for the Southern District of New York challenging exchange offers under the Trust Indenture Act.

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Client Alert
Marblegate II and the “Tyranny of the Minority” – Another Weapon is Added to Bondholders' Arsenal to Disrupt Exchange Offers and Restructurings
July 8, 2015
A recent decision in the Southern District of New York interpreting the Trust Indenture Act will likely provide bondholders additional leverage in out-of-court restructurings.

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- Trust Indenture Act
Client Alert
The Trust Indenture Act has Reemerged as a Powerful Tool for Objecting Bondholders Outside of Bankruptcy
Client Alert
March 13, 2015
Out-of-court debt restructurings may face greater hurdles to success in light of two recent federal court decisions out of New York broadly expanding dissenting bondholders’ rights under the Trust Indenture Act.

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