Over the past 15 years, we’ve published more than 150 Legal Updates on the fund finance market. Our updates have covered just about every angle, including provisions so niche you’d never think they’d matter—until they do. Individually, each of those updates was written for a moment in time; a response to a market development, a structural innovation, or a legal question that practitioners were actively working through. Collectively, they form something more than that. They form a record of how this market has evolved, how its documentation conventions have shifted, and how the legal frameworks around it have developed in response to real commercial pressures.
The problem has been access. Unless you have a photographic memory for email subject lines or the patience to scroll through a decade of website listings, finding the right update when you need it isn’t particularly easy, and context is even harder. A single update on capital-call mechanics or borrowing-base methodology reads differently when you can see the three or four updates that preceded it—when you can trace the arc of how a particular structure or market convention moved from novelty to standard practice.
That changes now.
Today we launch FundFinance.com: a fully searchable home for most every fund finance Legal Update Mayer Brown has published, searchable by topic, keyword, or author. Want to know how lenders were thinking about covenant tightening during the early stages of COVID? It’s there. Need the decade-old piece on investor consent mechanics in multi-tier feeder structures? Also there. Looking for the recent update on change-of-control provisions in light of sponsor consolidation? That too, alongside the earlier updates that set the stage for how the market got to where it is now.
The intent isn’t just to make the archive easier to find, but easier to use, allowing practitioners...