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Loan Investors Say Amend & Extends are "Amend & Pretend" Amendments
Practical Law Legal Update 7-386-6241 (Approx. 2 pages)
Loan Investors Say Amend & Extends are "Amend & Pretend" Amendments
by PLC Finance
| Published on 17 Jul 2009 • USA (National/Federal) |
An update on resistance by investors to banks propping up underperforming borrowers with refinanced or new debt.