Municipal restructurings pose many challenges distinct from those encountered in a typical corporate bankruptcy. One challenge frequently encountered in the context of a municipal restructuring is how to restructure municipal...more
Among the litany of events of defaults often found in indentures and other credit documents is an issuer’s admission in writing of its inability to pay its debts as they come due. Like other insolvency events of default, this...more
9/5/2017
/ Banking Sector ,
Bondholders ,
Breach of Contract ,
Breach of Duty ,
Carve Out Provisions ,
Commercial Bankruptcy ,
Distressed Debt ,
Fiduciary Duty ,
Indenture Trustee ,
Insolvency ,
Securities
This month’s issue of Debt Dialogue addresses the Second Circuit’s recent Marblegate decision, the controversy generated by last year’s Cash American decision, and payment of indenture trustee fees in bankruptcy, as well as...more
2/28/2017
/ Appeals ,
Bankruptcy Code ,
Chapter 11 ,
Commercial Bankruptcy ,
Corporate Restructuring ,
Debt Restructuring ,
Hague Convention ,
Lehman Brothers ,
Payment Terms ,
Redemption Agreement ,
Section 316(b) ,
Trust Indenture Act