Improved T&C May Avoid Lender-on-Lender Violence
Aggressive “lender-on-lender violence” transactions, which used to happen mostly in in-court restricting processes, have been increasingly utilized in the context of out-of-court restructurings in recent years. Jennifer Selendy, Max Siegel, and Samuel Kwak analyze recurring issues in disputes over such transactions in this article from Turnarounds and Workouts.