4min chapter

Cloud 9fin cover image

Co-op agreements through the eye of American Needle

Cloud 9fin

CHAPTER

Navigating Creditor Cooperation Agreements

This chapter examines the motivations and strategies behind cooperation agreements among creditors, aimed at securing better terms with distressed companies. It also discusses the potential repercussions and power dynamics created by these agreements, including legal challenges and the tensions they can cause among excluded creditors.

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