Assignments, Market Fundamentals and NDFI Risk, April 2026 - Understanding the Assignment

Tucked into the back of every credit agreement there is a “Miscellaneous” section that often gets less attention than the more-heavily negotiated covenants and defaults. While much of this section is “boilerplate” language that is largely consistent from agreement to agreement, there are a few provisions that tend to draw more significant scrutiny.... By: Cadwalader, Wickersham & Taft LLP