Loan Market Faces More Regulation as Overlooked Lawsuit Heats Up
April 6, 2023 – Media MentionBloomberg News
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.
Excerpts:
“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.