![United States: Second Circuit Holds That Syndicated Term Loans Are Not Securities - Akin Gump Strauss Hauer & Feld LLP](https://cdn.newsserve.net/ONPglobe256.png)
United States: Second Circuit Holds That Syndicated Term Loans Are Not Securities - Akin Gump Strauss Hauer & Feld LLP
In 2017, the trustee of the Millennium Lender Claim Trust brought an action in New York state court against a syndicate of lenders alleging that a $1.8 billion syndicated loan transaction violated...
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