Gabe Mathless authors Special Situations Client Bulletin: Quick Guide for Assessing the Potential for Disparate Lender Treatment in a Credit Agreement: The “Tyranny of the Majority”

Publications

12.2021

MVA Financial Restructuring Member Gabe Mathless produced the Special Situations Client Bulletin: Quick Guide for Assessing the Potential for Disparate Lender Treatment in a Credit Agreement: The “Tyranny of the Majority”. In the context of a few recent liability management transactions (JCrew, Serta Simmons, etc.), it highlights the credit agreement provisions that lenders (or prospective lenders) should review to assess the potential for disparate lender treatment and offers possible “fixes” that may be incorporated during the credit document drafting stage or as language to look for when reviewing an existing credit agreement.

To view the Special Situations Client Bulletin, please see below.