Discussion on the recent decision by US District Judge Colin McMahon to certify her ruling on the overturning of a confirmation order and invalidating third-party releases of the Sacklers, highlighting the importance of the Second Circuit's involvement in resolving the trap-living cases related to the opioid crisis.
Featured this week: Purdue, PBF Energy, SmileDirectClub and Puerto Rico.
And deep dive, Peter Washkowitz and Julian Bulaon, from our America’s Covenants team, join David Zubkis to discuss the continuing erosion of lender protections in credit agreements including voting protections, most-favored-nation rights, IP transfer prohibitions and restrictions on raising structurally senior debt.
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