Golub & Golub is extensively involved in the secondary loan trading markets. A significant portion of the firm’s practice involves the representation of hedge funds and other ‘buy-side’ clients, including CLO’s, private equity firms, investment banks and other broker/dealers, in the purchase and sale of domestic and international distressed, par and near par bank loans and the related legal and regulatory issues facing investors and other market participants in such transactions. This specialized practice area puts to use our expertise in commercial law, secured lending, corporate finance, and bankruptcy law, as well as our extensive transactional experience. The credits involved in these transactions include large syndicated term loan and revolving credit facilities, working capital facilities, multi-currency facilities, project finance and acquisition financing facilities, second and third lien loans, debtor-in-possession (DIP) loans, ‘exit’ financings, ‘club loans,’ and bilateral loans, involving a wide variety of domestic and international borrowers, including troubled, insolvent and distressed companies, in a vast range of industries.

Golub & Golub frequently represents clients in transactions involving the Loan Syndications and Trading Association (LSTA) system, for credits and transactions originating in the United States and transactions involving the Loan Market Association (LMA) system, for credits and transactions originating in European nations. Our services also include representing clients in the structuring, negotiation, and documentation of credits originating in emerging markets and other markets, that involve neither the LSTA or LMA system, but rather, some other legal system or type of documentation. Golub & Golub is a member of the LSTA and sits on the Forms and Trade Practices Committee.

Golub & Golub attorneys are often involved in the training of trading, operations and financial personnel at clients involved in secondary loan trading activities with respect to the intricacies of the bank debt trading process, the nuances of tracking inventory positions and other accounting, compliance and regulatory issues related to loan trading and lending. As such, our attorneys maintain a good practical sense of the domestic and international lending and loan trading market.

225 Broadway - 15th Floor - New York, NY 10007
Telephone: (212) 693 - 1000 / Facsimile: (212) 693 - 0090
Email: info@golublaw.com
www.golublaw.com