Milbank Financial Institutions Regulatory partner Douglas Landy will be a speaker during the LSTA's webinar titled "Automated Revolving Credit Facility: Deciphered, Decoded, and Decrypted" on May 10. The speakers will discuss how work could be expedited in the loan market if credit agreements could be negotiated and executed on the blockchain and if they were automated, pulling in data from oracles, automatically testing covenants and calculating interest payments. Speakers will also cover how the LSTA Form of Revolving Credit Facility has been automated and can assist in this process.
Please click here for more information on the LSTA webinar.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.