
Weakening lender protections, restructuring trends and ESG talk with Mayer Brown’s Lucy Kweskin
Debtwired!
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Evolving Bankruptcy Practices Post-Pandemic
This chapter explores the changes in bankruptcy practices since the pandemic, focusing on initial leniency towards debtor-in-possession financing and the shift back to stricter standards. Through case studies like Hertz and Washington Prime Group, it examines the impact of these changes on creditor recovery dynamics and the implications of the Maycoal provision in significant bankruptcies.
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