March 13, 2020
Michael Gambro comments on the risk disclosures about the potential impact of the coronavirus that have begun to show up in commercial MBS documents.
An excerpt from "Coronavirus Cited in Deal Documents," Commercial Mortgage Alert, March 13, 2020:
“It’s spreading in the disclosure documents as it’s spreading in the U.S.,” said Michael Gambro, who co-heads Cadwalader’s capital-markets practice with Stuart Goldstein. “The more certain its impact becomes, the more people will feel the need to be more specific. That’s why you are seeing specific disclosure impacts, as opposed to broad risk factors about events outside the control of the issuer, such as hurricanes and floods.”
our latest insights on the impact of COVID-19 to help you navigate this unprecedented environment.
Patrick Quinn and Ruth Merisier discuss the legal profession, working at Cadwalader, and more.
Selections to the Lawdragon 500 are limited to no more than 500 lawyers in the country.
Our latest podcast covers the legacy of the “Car Wash” investigation and how Brazil fits into the global landscape of white-collar crime enforcement.