Recent Distressed Liability Management Transactions: Lessons for the Loan Market

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Over the past few years borrowers have used aggressive and controversial distressed liability management techniques like “dropdown” (J. Crew) or “uptiering” (Serta Simmons) structures.  In this webinar lawyers from Davis Polk dive deeply explained how they work.

Topics included:

  • Overview of recent distressed liability management techniques
  • Case studies in drop down transactions from J. Crew to Travel Port
  • Case studies in up tiering transactions from NYDJ to Serta
  • Takeaways for the loan market and documentary considerations

EVENT DETAILS

Tuesday, September 29, 2020
4PM to 5:15PM (ET)|Webcast Only
Presentation & Replay|Available Now|Scroll Down To View
1.5 CLE Credit|Available for NYS Transitional and Non-Transitional

SPEAKERS

  • Meyer Dworkin, Partner, Davis Polk & Wardwell LLP
  • Jason Kyrwood, Partner, Davis Polk & Wardwell LLP
  • Bridget Marsh, EVP & Deputy General Counsel, LSTA, Moderator
  • Brian Resnick, Davis Polk & Wardwell LLP
  • Ken Steinberg, Davis Polk & Wardwell LLP
Recent Distressed (Sept 29th)

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