Leveraged Finance partner Richard A. Farley’s article, “Hellas' Lessons On Noncontractual Claims For Noteholders,” appeared in Law360 on Nov. 2, 2016. The article examines a recent decision by a New York state appeals court in Cortlandt St. Recovery v. Hellas Telecommunications, highlighting the deceptive complexity of bringing noncontractual claims by or on behalf of noteholders under the seemingly boilerplate remedies provisions in trust indentures.