The Treasury Department advised Congress last week that the government is expected to reach its debt limit on January 19. After that, Treasury will be required to take “extraordinary me...
Davis Polk partners James Florack, Meyer Dworkin and Vanessa Jackson and associate Adela Troconis authored the “Law and Practice” and “Trends and Developments” sections of the USA...
The Delaware Bankruptcy Court in Bayside Capital Inc. v. TPC Group Inc. offers a counterpoint to TriMark by holding that a “sacred right” provision in an indenture, which required the...
Davis Polk partner and Finance co-head Jason Kyrwood and partner Meyer Dworkin authored a two-part series on “Navigating challenging markets” for International Financial Law Review. R...
In light of the global transition away from interbank offered rates, the CFTC has proposed amendments to its list of interest rate swaps subject to mandatory clearing to remove swaps refe...
Davis Polk lawyers authored the USA Chapter in Chambers’ Banking & Finance 2021 global practice guide. Finance partners James Florack, Meyer Dworkin and Vanessa Jackson and associate Ad...
Davis Polk lawyers authored the USA Chapter in Chambers’ Banking & Finance 2020 guide. Partners Meyer Dworkin and Jeong Lee and associates Kelsey Avery and Scott Johnsson authored the ?...
The Federal Reserve has opened the Main Street Lending Program to nonprofits. Main Street loans are complicated, and the fact that Main Street’s nonprofit lending facilities were bolted...
Davis Polk partners Jason Kyrwood, James Florack, Meyer Dworkin and Kenneth Steinberg recently authored an article for the International Financial Law Review, which provides an overview o...
We have updated our memo on the legal architecture of the Main Street Program to reflect the expansion of the program and the revised program documents that the Federal Reserve announced ...