This chapter explores a lawsuit filed by Moby SPA against Morgan Stanley, a prepackaged plan released by Carlson Travel Inc., an appeal in the Fifth Circuit Court of Appeals, and a legislative decision on new bonds in Puerto Rico.
On this week’s podcast we replay our Covenants 101 webinar where Peter Washkowitz, head of our Americas Covenants team, discussed redemptions and the primary market as well as call protection, Dutch auctions and open market purchases of term loans, make whole payments, equity clawbacks and redemptions of high-yield bonds, change of control under bank debt and bonds and Covenant analysis for primary investors.
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