Loan Market Faces More Regulation as Overlooked Lawsuit Heats UpApril 6, 2023 – Media Mention
Sky Moore, Partner in the firm's Corporate, Finance & Securities Group, shared his insights with Bloomberg News regarding the implications of treating leveraged loans as securities, specifically bonds.
“Issuers of loans would need to hire more lawyers, and there would be more disclosure, which is a good thing,” said Schuyler Moore, a partner at Greenberg Glusker. “I don’t see much else that would change.”
And the disclosure requirements tied to securities would help investors, Moore said.
Read the full article here.