Credit: MJgraphics/Shutterstock.com Financial Regulators Turn Attention to Designated Counsel in Leveraged Finance Deals
Borrowers have long appointed the law firms used by banks in leveraged finance deals, but some question the potential ethical implications of the practice.
February 09, 2023 at 05:35 AM
3 minute read
Legal Ethics and Attorney Discipline
The International Organization Of Securities Commissions (IOSCO) is looking into the controversial practice of designated legal counsel in leveraged finance deals, according to people with knowledge of the situation.
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