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Joint and Several Liability
Dec. 7, 2018 | Issue No. 6
Partner | Fund Finance

What if a fund borrows under a subscription line to acquire a portfolio company in the cannabis space? Or what if a fund seeks to join a cannabis-oriented portfolio company as a qualified borrower under a facility? Getting the munchies???

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Associate | Fund Finance
Partner | Fund Finance

Financial institutions operating in the European fund finance market are increasingly having to familiarize themselves with sovereign or state immunity laws and how these laws interact across multiple jurisdictions. Waivers of sovereign immunity, while helpful, are not always perfect.

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Associate | Fund Finance
Partner | Fund Finance

The State of Delaware recently amended the Delaware Limited Liability Company Act  to create a new form of transaction called a “Division.” The impact of Divisions presents lenders making loans to Delaware LLCs with several new challenges.

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The Fund Finance Association has made several recent announcements of interest.

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Partner Samantha Hutchinson, along with senior attorney Tom Armstrong and associate James Hoggett, joined Cadwalader’s Fund Finance practice in London this week.

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Silicon Valley Bank is hiring in its Global Fund Banking division. We also highlight openings at First Republic Bank, Validus Risk Management and Cadwalader. 

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