Print PDF RK&O partners present "Introduction to the Loan Market, Documents & Market Practices" at the LSTA conference

February 15 & 16, 2007
New York, NY

Richards Kibbe & Orbe LLP partner, Paul B. Haskel gave a presentation regarding a Review of Par/Near Par Standard Documents and the Closing Process.

• Par/Near Par Trade Confirmation and Standard Terms & Conditions
• + 7 Par Settlement Timeline
• Bilateral Netting Agreement – Par/Near Par
• Multilateral Netting Agreement – Par/Near Par
• Sample Par/Near Par Participation Agreement
• Par Trades That Do Not Settle on Time – Buy-In and Sell-out

Richards Kibbe & Orbe partners, Jon Kibbe and Jennifer K. Grady gave a presentation regarding Loan Credit Default Swaps.

• Overview of LCDS New Product Development
• General Terms of CDS and LCDS trades
• "Syndicated Secured" determined by the trading standard
• Physical Settlement using modified LSTA documentation