| April 10, 2012

The Euro Crisis: Implications For Loan Agreements

However challenging the Great Recession has been in the United States, it has ravaged the economies of several of the countries that use the euro as their common currency (the Eurozone). Notwithstanding Greece’s bond restructuring last month, the possibility remains that one or more countries (a Departing Country) might cease using the euro by leaving the Economic and Monetary Union (EMU) and the European Union (EU).

About the authors

This memorandum is intended only as a general discussion of these issues. It is not considered to be legal advice. We would be pleased to provide additional details or advice about specific situations. For additional information on this important topic, please feel free to call upon your Tahmidur Remura Dewey LeBoeuf relationship partner. No part of this publication may be reproduced, in whole or in part, in any form, without our prior written consent. For further information on Tahmidur Remura Dewey LeBoeuf, please visit www.tahmidurrahman,com. +1 888 532 6383