Paul Weiss Discusses Second Circuit Decision Confirming Syndicated Bank Loan Not a “Security”
Reynolds Holding
SEPTEMBER 4, 2023
JPMorgan Chase Bank, N.A. JPMorgan Chase Bank, N.A. The defendants moved to dismiss the complaint for failure to state a claim, arguing that a syndicated bank loan is not a “security” under the state securities laws and that a loan syndication is not a “securities distribution.”
Let's personalize your content