U.S. CLO and asset-based loan markets demonstrated remarkable resilience through a turbulent first half of 2026, absorbing tariff shocks, credit downgrades, and geopolitical tensions while maintaining robust issuance levels. With a large pool of deals ready for refinancing, improving spreads, and favorable regulatory developments, the market is positioned for a potentially record-breaking second half as investor appetite remains strong and new financing structures continue to evolve.

Managed payout funds are mutual funds designed to provide a steady stream of retirement income while still allowing retirees access to their money during their lifetime.

ACER calls for substantial funding increase to enable more aggressive monitoring and enforcement efforts in coordination with national regulators.

"A picture imperfect" is how Hilary Jay described the application of the consignment rules in Article 9 of the Uniform Commercial Code to artwork.

High-yield bonds (or notes) provide companies with the benefits associated with long-term debt financing but with covenants that are typically less onerous than standard credit facility covenants.

It is now time for a large number of foreign private issuers to prepare their annual reports on Form 20-F.

Private equity and other types of investment funds ("Funds") often utilize financing to more quickly access funds for investments

OTC derivative contracts which have a counterparty located outside of the European Union ("EU") may now be subject to the requirements of the European Market Infrastructure Regulation ("EMIR").

The following summarizes recent legal developments of note affecting the mutual fund/investment management industry:

On October 24, 2013, the Board of Governors of the Federal Reserve System (FRB) approved a proposed rule (the Proposed Rule) to strengthen the liquidity positions of large financial institutions.

Over the past 10 years, thousands of entrepreneurs have used their existing retirement savings held by a qualified retirement plan or IRA to finance the startup or acquisition of a new business.

While it's easy for mainstream news outlets to get caught up in the mid-summer drama of Vice-Presidential selections, national political party conventions, and the geopolitical repercussions of Brexit, we here at Pay to Play Law Blog remain focused like a laser beam on the task of bringing you updates on the real hot button issues of 2016 – like municipal bond pay-to-play.

During this podcast, Michael Doherty and Jason Kolman discuss some considerations for newer credit fund managers, including common differences between the various types of credit funds, ...

The certification requirement was the most highly-anticipated aspect of the Final Rule and differs from the Proposed Rule in two material respects.

Early this year, the Financial Stability Board (FSB)1 and the International Organization of Securities Commissions (IOSCO)2 issued a Consultative Document regarding Assessment Methodologies for Identifying Non-Bank Non-Insurer Global Systemically Important Financial Institutions (the "Consultation").

As agricultural borrowers face tighter margins and reduced cash flow in 2026, Farm Credit lenders are increasingly turning to "bulge financing" - temporary credit extensions designed to bridge short-term liquidity gaps. This analysis explores how these 60-120 day facilities differ from traditional accordion structures and examines their strategic deployment through a real-world case study of discounted crop input financing.

Global trends in leveraged lending in 2013 have largely been driven by substantial liquidity in US dollar markets, together with cautious investor optimism.

The proxy advisory firms Glass Lewis & Co. ("Glass Lewis") and Institutional Shareholder Services Inc. ("ISS") recently released the 2013 updates to their U.S. proxy voting guidelines.

California's Office of Health Care Affordability has released proposed draft regulations that would dramatically expand transaction reporting requirements for management services organizations, private equity groups...

A 501(c)(3) organization with outstanding tax-exempt debt generally is required to file Schedule K "Supplemental Information on Tax-Exempt Bonds" with its annual IRS Form 990.