Foley Senior Counsel Robert Heinrich authored an article titled “Borrower Beware” in the November 2009 issue of AFP Exchange. Heinrich discusses innovative remedies that borrowers have taken against defaulting lenders and administrative agents in the midst of the credit crisis, noting that both borrowers and lenders are attempting to proactively address the scenario of a defaulting administrative agent by building the concept into their loan documents. He adds that simple precautionary measures can provide a borrower with additional comfort that access to funds under its credit facility will not be unduly disrupted by the troubles of its lenders.
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14 January 2025
Events
Crypto Under a New Political Environment
Patrick Daugherty (Partner, Chicago) will be joining the Securities Traders Association of Chicago (STAC) as a panelist at their 99th Annual Mid-Winter Meeting.
14 January 2025
Health Care Law Today
Massachusetts: New Year, New Law — Governor Signs “An Act enhancing the market review process” (House Bill No. 5159)
On January 8, 2025, Governor Maura Healey signed into law H.B. 5159, “an Act enhancing the market review process.”
13 January 2025
Labor & Employment Law Perspectives
Illinois Human Rights Act Now Protects Employees With “Family Responsibilities”
As of January 1, 2025, Illinois became the latest in a minority of states and municipalities to expand employment protections for employees who act as family caregivers.