The law firm Cleary Gottlieb Steen & Hamilton has inked a contract with the U.S. Treasury Department to help guide the Trump administration on the structuring of loans and other transactions involving air carriers grappling with a substantial drop in travel amid the coronavirus crisis.
The “letter contract” calls for Cleary to advise on direct loans from the Treasury Department and other “transactions with air carriers involving a portfolio of assets that Treasury will acquire, invest in, or guarantee.” The Treasury Department said those assets could include debt obligations and equity interests.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]