By: Elizabeth Sloop When a borrower requires a loan too large for a single lender’s capital base, a group of lenders, or syndicate, may step in to provide funds.[1]  By participating in syndicated lending, the lenders, typically banks and non-bank financial institutions,[2] are able to distribute the risk of default among themselves.[3]  Because of the…

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By: Sandra Fadel Twenty-eight states challenging the implementation of the Clean Power Plan (“CPP”) were handed a big win last week when the Supreme Court reversed a ruling by the D.C. Circuit Court of Appeals and issued a temporary stay blocking the implementation of the CPP until further review. [i] By issuing a stay, the…

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