Activity:
- Defense counsel requested a capital markets analysis of the credit and collateral risk management practices at an international bank related to a corporate loan / credit facility. At issue in the litigation were “Commercially Reasonable” UCC market practices.
Results:
- Our report opined on UCC practices concluding that standard industry risk management, credit risk management, and collateral risk management practices in the capital markets would have required the sale of the liquid collateral securing the corporate loan.