Category Archives: Financing

TOUSA: What’s All the Fuss?

Senior Transeastern Lenders v. Official Comm. of Unsecured Creditors (In re TOUSA, Inc.), 680 Fed 3rd 1298 (11th Cir. 2012) – It would be difficult for even a casual observer to miss the uproar caused by the 11th Circuit’s decision in … Continue reading

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Syndicated Loans: When Does A No Vote Count As Yes?

In re Rosewood at Providence, LLC, 470 B.R. 619 (Bankr. M.D. Ga. 2011) – Can a syndicated lender control its own destiny in a bankruptcy?  According to Rosewood, the answer is no.  As background, the bankruptcy court explained that multi-lender loans … Continue reading

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