Adam English
Overview
Adam English is an associate in the London office of Crowell & Moring. He focuses on distressed debt and claims trading. Adam represents investment banks, broker dealers, and other financial institutions, including hedge funds on the trading of domestic and international syndicated bank loans, debt instruments, and distressed assets.
Career & Education
- University of East Anglia, LL.B., 2006
- College of Law, London, Diploma in Legal Practice, 2007
- Solicitor, England and Wales
Adam's Insights
Client Alert | 11 min read | 07.22.24
In the ever-evolving landscape of English law credit agreements in the European leveraged loan market, the dynamics of lending have undergone significant transformations in the last few years. One issue that has gained prominence is the increase in limits on the ability of lenders to transfer their loans and the associated restrictions imposed on potential new lenders. European syndicated loan agreements have historically included a standardised and expected set of transfer restrictions applicable to prospective lenders, reflective of the market guidance and templates issued by the Loan Market Association (“LMA”). Certainty of terms and the capability of an existing lender to sell out of a loan position have been the hallmark (and expectation) of the LMA loan market. However, trends in the drafting of credit agreements have contained a concerning increase in limitations on loan liquidity. As a result, many lenders are finding it difficult to sell their distressed loans. This article explores these trends, as well as their implications on the secondary loan trading market.
Firm News | 5 min read | 04.01.21
Client Alert | 3 min read | 05.29.20
Adam's Insights
Client Alert | 11 min read | 07.22.24
In the ever-evolving landscape of English law credit agreements in the European leveraged loan market, the dynamics of lending have undergone significant transformations in the last few years. One issue that has gained prominence is the increase in limits on the ability of lenders to transfer their loans and the associated restrictions imposed on potential new lenders. European syndicated loan agreements have historically included a standardised and expected set of transfer restrictions applicable to prospective lenders, reflective of the market guidance and templates issued by the Loan Market Association (“LMA”). Certainty of terms and the capability of an existing lender to sell out of a loan position have been the hallmark (and expectation) of the LMA loan market. However, trends in the drafting of credit agreements have contained a concerning increase in limitations on loan liquidity. As a result, many lenders are finding it difficult to sell their distressed loans. This article explores these trends, as well as their implications on the secondary loan trading market.
Firm News | 5 min read | 04.01.21
Client Alert | 3 min read | 05.29.20