1. EachPod

Fraud in the Subscription Facility Market: Will Anything Change?

Author
Ropes & Gray LLP
Published
Tue 13 Apr 2021
Episode Link
https://share.transistor.fm/s/8f081e63

In this Ropes & Gray podcast, finance partner Patricia Lynch and counsel Patricia Teixeira discuss the recent fraud case involving JES Global Capital and its subscription facility. They provide their insights on the diligence banks conduct prior to putting subscription facilities in place, and whether or not we can expect any change in such procedures in light of the case discussed.

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