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Aspects, Analysis Of Debt Guarantees By The FDIC by William M. Hawkins
Loeb & Loeb LLP - New York Office
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September 15, 2009
Previously published by Law360 on December 4, 2008
This article focuses on the debt guarantee program initiated by the FDIC, and explores some ways in which these guarantees differ from full, unconditional guarantees of payment with which potential beneficiaries under the TLGP's debt guarantee program may otherwise be familiar. The article also analyzes how the bankruptcy of a debt issuer may condition the FDIC's performance under a TLGP guarantee.
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The views expressed in this document are solely the views of the author and not Martindale-Hubbell. This document is intended for informational purposes only and is not legal advice or a substitute for consultation with a licensed legal professional in a particular case or circumstance. |
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