Eric Starr

Jun 28, 2024 | jdsupra.com | Trent Lindsay |Christopher McDermott |Eric Starr

At the bottom of the stack in investment fund structures, there are generally “real” assets—things like equity interests in portfolio companies, mortgage loans, commercial receivables, maybe even bricks and mortar. Fund finance transactions, though, are by design crafted to be at several levels removed from such underlying assets.

Mar 29, 2024 | jdsupra.com | Jeffrey Nagle |Eric Starr

One of the important components of the collateral package for a subscription finance facility is the lender’s perfected security interest in the fund’s bank deposit account into which the actual cash constituting the proceeds of the capital calls are deposited (frequently called the “collateral account”).

Jul 9, 2023 | natlawreview.com | Eric Starr

Today we release the twelfth – and penultimate – installment of our Sovereign Immunity Series. In this part, we discuss and provide a high-level overview of how sovereign immunity is viewed specifically through the lens of fund finance transactions in the states of Utah, Vermont, Virginia, Washington and West Virginia. As a quick recap, a state’s immunity arises from its status under the 11th Amendment of the Constitution.

Mar 3, 2023 | natlawreview.com | Eric Starr

Attorneys are regularly asked about or faced with the request to backdate a document or set of documents. We are also at times asked about the acceptableness of a document that has been backdated. This article explores the practice of backdating and sets forth a high-level framework that can guide business people and lawyers as to the acceptable use of the practice. To many lay people, the term “backdating” has negative connotations.

Mar 3, 2023 | jdsupra.com | Eric Starr

March 3, 2023 To embed, copy and paste the code into your website or blog: Attorneys are regularly asked about or faced with the request to backdate a document or set of documents. We are also at times asked about the acceptableness of a document that has been backdated.