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Walter Zalenski Quoted in Bloomberg BNA Article, "Quick Answers Unlikely as Investors, Lenders Weigh Midland Funding Fallout"

Walter E. Zalenski

Walter Zalenski was quoted in Chris Bruce's Bloomberg BNA article, "Quick Answers Unlikely as Investors, Lenders Weigh Midland Funding Fallout," on August 21, 2015.

Walter E. Zalenski, a partner with Buckley Sandler in Washington, D.C., who advises banks and financial institutions, said he expects Midland to file a petition urging the court to hear the case and overturn the Second Circuit, even though the court takes slightly more than one percent of the cases it is asked to hear.

‘‘So I expect Midland Funding to emphasize that Madden conflicts with the decisions in both the Eighth and Fifth Circuits and, if this circuit split is not reconciled, unfairness and uncertainty due to the inconsistent application of law will result—in this case with predictable disruption of credit markets,’’ Zalenski told Bloomberg BNA Aug. 13.

Click here to read the full article. Reproduced with permission from Banking Daily, 163 [bbd-bul], 8/24/15 by The Bureau of National Affairs, Inc. (800-372-1033) http://www.bna.com.