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Covenants: The Fiction and Challenges of EBITDA Add-Backs (May 26, 2020)
Reorg Radio
Navigating Legal Language and Investor Challenges
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Exploring the intricacies of interpreting contractual language during challenging times, emphasizing the importance of minute details like punctuation in legal documents and its consequential impact on investments. Addressing the disparities in the investment landscape that may disadvantage traditional high yield investors, prompting a discussion on adaptation and evolving strategies.
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