Circuit Ruling Expands Subsequent New-Value Preference Defense
A recent decision of the U.S. Court of Appeals for the Eleventh Circuit has potential far-reaching implications concerning the extent of the new-value defense to preference liability. Whether a creditor can include, as part of its new-value defens...
Lowenstein Sandler is representing Chatham Asset Management LLC (“Chatham”), a leading private investment firm, in a $500 million high-yield debt exchange with issuer Mohegan Tribal Gaming Authority (“Mohegan”), the owner, developer, and manager o...
Elie Honig leverages his SDNY trial and prosecutorial experience to discuss timely legal and government developments across multiple outlets, including: CNN (November 2, 2022; November 18, 2022), RawStory (November 17, 2022; November 30, 2022), MSN, Mediaite, and NewsBusters.
Investment Executive examines the findings and summarizes key points from Lowenstein’s recent survey on alternative data, which notes that hedge funds have been using alternative data for more than a decade but adoption has increased in recent years, in part because investors sought to gauge the pandemic’s real-time impact on the economy and company profits. Lowenstein's survey report is also highlighted in Pensions & Investments, Inside Big Data, Advisor's Edge, and AnalyticsIQ.