For loans primarily secured by a cash flow stream, subscription facility lenders heavily depend on collateral accounts as a key element of the security package. In this Legal Update, we delve into why ...

The agency is left with few options when it comes to selling collateral tied to a popular Covid-19 relief program. Here's where it's turning for help. The U.S. Small Business Administration needs help ...

Valuation is a critical and indispensable part of the bankruptcy process. How collateral and other estate assets (and even creditor claims) are valued determines a wide range of issues, from a secured ...

Achieve reports on the differences between secured and unsecured loans, highlighting collateral requirements and determining ...

Lawrence A. Larose and Samuel S. Kohn, partners at Winston & Strawn, write: On April 26, 2010, Judge Bruce Markell of the Bankruptcy Court for the District of Nevada issued an extraordinary opinion ...

Secured debt uses an asset as collateral to secure the loan, while unsecured debt doesn’t require any collateral. If a borrower fails to repay the loan as agreed, the lender can seize the collateral.

A lender provides unsecured debt with a credit line based on a user's creditworthiness and capacity to pay rather than requiring it to be backed by collateral. Unsecured debt typically has higher ...

Of all the documents utilized in a secured transaction, intercreditor agreements are often the most heavily negotiated and the most precisely drafted. While the majority of the other documents are ...

The KKR-backed mortgage and business financier said it put its own loan book under considerable scrutiny, and the sector was ...