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Second Circuit Rules That Syndicated Loans Are Not

On August 24, 2023, the U.S. Court of Appeals for the Second Circuit in Kirschner1 unanimously held that notes evidencing syndicated loans2 do not plausibly qualify as "securities" covered.

Post-Facebook v Duguid Litigation Roundup - August 2023 #2 | Manatt, Phelps & Phillips, LLP

As part of Manatt’s continuing monthly coverage of the aftermath of Facebook v. Duguid and how district courts are applying it to determine whether a calling system meets the Supreme.

Post-Facebook v Duguid Litigation Roundup - August 2023 | Manatt, Phelps & Phillips, LLP

As part of Manatt’s continuing monthly coverage of the aftermath of Facebook v. Duguid and how district courts are applying it to determine whether a calling system meets the Supreme.

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