Liability-Management Exercises: Sustainable Solutions, or Temporary Fixes?
Despite the potential need to reassess liability management exercise (LME) structuring following the Fifth Circuit’s Serta decision, LMEs will continue to proliferate. Questions remain, though: Should we view LMEs as nothing more than free options for sponsors and a rearranging of deck chairs on a sinking ship? Or can they be a force for good, leading to improved enterprise value and corresponding improved returns to all creditors? If so, how can companies maximize the chances of their LME doing so? This panel will address these questions and more.
$125.00
Price: $125.00
SKU: 258127
Duration:
< 60 min
Faculty:
Andrew Benjamin
Houlihan Lokey | Los Angeles
Maria Ginzburg
Selendy Gay PLLC | New York
Nicole L. Greenblatt
Kirkland & Ellis LLP | New York
James A. Newton
Morrison & Foerster LLP | New York