Effective January 27, 2021, the Board of the Loan Syndications and Trading Association (the “LSTA”) published a revised suite of trading documents to reflect the market’s transition from the use of the London Interbank Offered Rate (“LIBOR”) to the Secured Overnight Financing Rate (“SOFR”) or other alternative risk-free rates (“RFRs”) as a key benchmark for…
ROBERT L. BERMAN
PARTNER
Robert Berman represents private investment vehicles, dealers and other financial institutions in connection with a variety of financial transactions, including the purchase and sale of syndicated bank debt, other loans, restricted securities and financial claims. He also advises clients in connection with investments in, and financing of, different types of securitized products.
Practices
About
Bob provides advice to clients in connection with joint venture arrangements, limited liability companies and limited partnerships, investments in structured finance transactions, investments in residential and commercial mortgage backed securities and financing with respect to such investments. In addition, Bob’s practice also includes representing clients in connection with secured and unsecured loan transactions, credit agreement analysis and a variety of other corporate and related issues.
Education
St. John’s University (J.D., 1977)
St. John’s University Law Review, 1975-1977
Harpur College, State University of New York at Binghamton (B.A., 1972)
Bar Admissions
1981, District of Columbia
1978, New York
Insights
The Train Has Left the Station: LSTA Issues Revised Secondary Trading Documentation To Reflect Transition from LIBOR
January 29, 2021Client AlertsMaterial Corporate Provisions of the CARES Act
March 30, 2020Client AlertsIn response to the recent outbreak of a novel coronavirus, COVID-19, President Trump signed the Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”) into law on Friday, March 27, 2020. The CARES Act provides (I) unemployment assistance, (II) limits on paid leave requirements that were established in the Families First Coronavirus Response Act…
Summary of SBA 7(A) Loans under the Coronavirus Aid, Relief, and Economic Security Act
March 28, 2020Client AlertsPresident Trump signed the Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”) into law on Friday, March 27, 2020. Under the CARES Act, select small businesses are able to receive Small Business Administration (“SBA”) loans in the form of 7(a) loans (the “Loans”), which under the CARES Act are low interest loans from…