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Entries tagged “Accredited Investor”

Second Circuit Opines on Cramdown Interest and Make-Whole Premiums

Insight Douglas J. Schneller Douglas J. Schneller · November 13, 2017
Creditors, secured lenders and debtors take note: the United States Circuit Court of Appeals for the Second Circuit has spoken on how to determine the appropriate “cramdown” interest rate for replacement notes issued to senior lien holders, and whether noteholders were entitled to the “make-whole” premium under the

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SEC Proposes Amendments to Accredited Investor Status

Insight February 16, 2011

The SEC recently voted to propose amendments to the net worth standard for determining accredited investor status under the Securities Act of 1933.  Under the proposal, the SEC's rules would be amended to exclude the value of an individual's primary residence in calculating net worth for the purposes of determining whether a person qualifies as an "accredited investor." 

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