Subscriber Only Content


SUBSCRIBER ONLY CONTENT

Surprise! Where Did My Collateral Go (Again)? The Chewy.com Story
By David W. Morse, Esq., Otterbourg P.C.

By now, many lenders have heard of the steps taken by J. Crew to remove its valuable intellectual property from the collateral securing its term loans and asset-based credit facilities through a clever (although disputed) use of the transactions permitted under the negative covenants included in the credit agreements governing such credit facilities (the “baskets”).

TO READ MORE PLEASE SIGN IN
Subscribers to TSL can sign in to your account to view content. Simply click the “sign in” button on the upper right corner of your screen and enter your credentials, and the content will appear below. Please note employees of CFA member organizations are entitled to a complimentary subscription. Nonmember subscription rate is $65 per year. If you are not a subscriber to The Secured Lender click here, once you have subscribed, your access to content will begin within 1 hour.

 

 

 








 

 

David W. Morse

David W. Morse is a member of the law firm of Otterbourg P.C. in New York City and is presently head of the firm’s finance practice

 

More Subscriber Content:

New Accounting Standards Can Significantly Impact Credit Agreements

Industry Executives Gather in San Diego for CFA’s Annual Convention 


Quick Links

CFA runs networking events throughout the year, our calendar will keep you informed where and when they take place: click here to see our upcoming networking events

Our organization proudly represents its members on critical public policy and legal issues that have an impact on the commercial finance industry. Visit our website to learn more about our latest advocacy efforts: click here to see how CFA helps advocate for the industry

Enhance your performance, from basics to advanced. CFA Knowledge Central will help guide you along your career path in the ABL and Factoring industry: click here to see our course offerings

For discounts on education, events and updates on other CFA activities, create your member profile: click here and create your profile

Our Member Directory lets you easily search our database of member companies for financing opportunities by loan size, type of finance, or industry. click here and find a company