Lender Transfer Rights: The Long and Short of It
December 5, 2019
December 5, 2019
Cleary Gottlieb partner Carlo de Vito Piscicelli and associate David Searle authored the article, “Lender Transfer Rights: The Long and Short of It,” which was published in Butterworths Journal of International Banking and Financial Law.
The article discusses the increasingly heavy restrictions on transfer rights in loan documentation in light of the expansion of the leveraged loan market and the wider implications on the financial instruments that reference these loans.