Download or read book The Problems of Indenture Trustees and Bondholders written by and published by . This book was released on 1995 with total page 802 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Problems of Indenture Trustees written by and published by . This book was released on 1991-12-01 with total page 1206 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Problems of Indenture Trustees and Bondholders written by and published by . This book was released on 1989 with total page 832 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Problems of Indenture Trustees and Bondholders 1995 written by James E. Spiotto and published by . This book was released on 1995 with total page 792 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Indenture Trustee Bankruptcy Powers Duties written by Stephanie Wickouski and published by Beard Books. This book was released on 2015-11-16 with total page 262 pages. Available in PDF, EPUB and Kindle. Book excerpt: In a detailed Question & Answer format, the author, a nationally recognized bankruptcy practitioner, addresses both the esoteric and real world issues of indenture trustees in chapter 11 cases. Topics include conflicts, direction by holders, compensation, indemnification, fee recovery, and trustee litigation, including X-Clause, intercreditor, make-whole, and TIA disputes.

Download or read book The Problems of Indenture Trustees and Bondholders 1993 written by and published by . This book was released on 1993 with total page 360 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Problems of Indenture Trustees and Bondholders 1992 written by and published by . This book was released on 1992 with total page 792 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Trust Indentures in Chapter 11 Cases written by ABA Business Law Section. Business Bankruptcy Committee and published by . This book was released on 1990 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Problems of Indenture Trustees and Bondholders 1989 written by and published by . This book was released on 1990 with total page 848 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Problems of Indenture Trustees and Bondholders 1990 written by and published by . This book was released on 1990 with total page 848 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Problems of Indenture Trustees and Bondholders 1993 written by and published by . This book was released on 1993 with total page 904 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Problems of Indenture Trustees and Bondholders 1991 written by and published by . This book was released on 1991 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Problems of Indenture Trustees and Bondholders 1993 written by and published by . This book was released on 1993 with total page 904 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Defaulted Bonds and Bankruptcy written by James E. Spiotto and published by . This book was released on 1984 with total page 640 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Bond Defaults and the Dilemma of the Indenture Trustee written by Steven L. Schwarcz and published by . This book was released on 2014 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Long-term debt securities, or bonds, issued to public investors can suffer a collective-action problem. Bondholders cannot act as a cohesive group where individual bondholder investments are relatively small, minimizing economic incentive to take action or cooperate. This is exacerbated by the fact that the identity of bondholders constantly changes, public bonds being actively traded. Although the rise in institutional bondholding - especially the advent of large, activist, hedge- and private-equity funds and the movement of some of these funds into bond investing - has helped to mitigate the collective-action problem, these funds often have conflicts of interest with other bondholders. Furthermore, the recent collapse of several major funds suggests that the collective-action problem could become more significant in future years. Custom and law have provided a partial solution to the collective-action problem: for each public bond issue, an indenture trustee is appointed to act as a type of agent on behalf of the bondholders collectively. This solution is imperfect, however, because the standard of care for indenture trustees remains somewhat ambiguous, generating cost and inefficiency in the public bond markets. An inquiry into the standard of care for indenture trustees is now timely, given the number of bond defaults and predictions of an imminent rise in the rate of defaults. Furthermore, public bondholder governance is increasingly recognized as a critical component of the larger realm of corporate governance. In the past, Congress and the legal literature have focused predominantly on the aspects of corporate governance related to equity investors. Given more than eighty percent of capital market financing raised by U.S. corporations now occurs through public bond offerings, greater attention should be devoted to public bondholder governance.

Download or read book Corporate Trust Administration and Management written by Robert I. Landau and published by . This book was released on 1985 with total page 448 pages. Available in PDF, EPUB and Kindle. Book excerpt: A comprehensive revision of the edition published in 1984, Corporate Trust Administration and Management, Fourth Edition is a completely up-to-date reference on the current practices and processes in the corporate trust function of financial service institutions, and on the emergent trends in trustee and related agency activities and responsibilities. Robert Landau thoroughly examines and analyzes the duties and responsibilities of the indenture trustee in connection with debt financing instruments of corporate and municipal entities, the administration of the indenture contract or other agreement under which the securities are issued, and the procedures and practices incident to the servicing of the debt securities. This edition incorporates the major developments and dramatic changes in capital markets that have occurred since 1984, including enactment of the Trust Indenture Reform Act of 1990 and SEC Rule 144A. Detailed in this volume are the dramatic increases in the securitization of assets and the use of asset-backed collateral and credit-enhanced financings, and the potential effect of significantly increased secondary market disclosure on trustees. Landau also discusses the emergent problems surrounding the payment of indenture trustee's fees in bankruptcy proceedings, as well as the increasing trend toward the immobilization of securities certificates and the relevant judicial decisions significantly affecting the liability of corporate trustees. Covered in this book are the three principle areas of account administration: indenture contracts, indenture defaults, and all subsequent actions, difficulties, and resolutions. This edition also addresses the management function of a corporate trust department including planning, organization and structure, training and development, and performance planning and evaluation. A separate reference section includes the complete text of the Trust Indenture Act of 1939, as amended by the Trust Indenture Reform Act of 1990, an expanded set of useful forms, check sheets and sample documents, a bibliography of selected reading and reference material, and an extensive glossary of securities industry words and terms. Corporate Trust Administration and Management is not only an excellent study of corporate trust matters but a very useful reference guide, as it deals on a highly practical basis with the problems a financial services institution acting in a trustee or agency capacity is likely to face, and clearly outlines the rights and responsibilities of the trustee, the agent, and the issuer and holder of debt securities. This essential book continues to be the basic textbook and reference work for practitioners in the corporate trust field and those involved in securities industry matters.

Download or read book Commercial Litigation in New York State Courts written by and published by . This book was released on 2005 with total page 292 pages. Available in PDF, EPUB and Kindle. Book excerpt: