Supreme Court Won’t Hear Case Asking Whether Syndicated Loans Are Securities

(February 22, 2024, 1:51 PM EST) -- WASHINGTON, D.C. — The U.S. Supreme Court denied a petition for a writ of certiorari filed by the trustee of a claim trust linked to a defunct drug testing company that argued that the Second Circuit U.S. Court of Appeals incorrectly affirmed a lower court’s finding that syndicated loan notes are not securities....