WIlliam E. Hiller

Firm(s):

Willkie Farr & Gallagher LLP

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Articles:

Interpreting Ambiguities In Loan Documents - Part II

Tuesday, June 1, 2004

Part I of this article appears in the May 2004 issue of The Metropolitan Corporate Counsel.In Part I of this article we examined some of the basic rules of contract interpretation and their application to a hypothetical situation involving the priority of postpetition interest.1 We will now examine the rules more closely by testing their application to...
Interpreting Ambiguities In Loan Documents - Part I

Saturday, May 1, 2004

Part II of this article appears in the June 2004 issue of The Metropolitan Corporate Counsel.You and your borrower signed the loan documents two months ago. The borrower now tells you that it intends to consummate a transaction you just can't imagine you agreed to let it do.