In this session, members learned about the LSTA’s first bilateral loan agreement, the new Form of Emerging Business Credit Agreement (the “EBCA”). The EBCA is intended to be used for a borrower that is an “emerging business” which captures a borrower that is no longer a new venture but is not yet an established middle market company. The current form is designed to bridge the gap between the “off the shelf” form for new venture companies and the more highly negotiated and tailored agreements of the larger more established middle market companies.  Presented by Thomas Mellor, Partner, Morgan, Lewis & Bockius LLP, John A. Hreno, Associate, Morgan, Lewis & Bockius LLP and Sean Zoltek, Of Counsel, White & Case LLP.