Octus Radio Americas Core Credit: Illusory Protections in Credit Agreements (Jan. 7, 2022)
Jan 10, 2022
Peter Washkowitz and Julian Bulaon discuss the erosion of lender protections in credit agreements, including voting protections and most-favored-nation rights. They also explore IP transfer prohibitions and restrictions on raising structurally senior debt. Topics covered: Purdue, PBF Energy, SmileDirectClub, Puerto Rico, debt-raising options, EPA's impact, third-party releases, pension obligation costs, erosion of lender protections, and material IP transfer.
Chapters
Transcript
Episode notes
1 2 3 4 5
Introduction
00:00 • 3min
US District Judge Certifies Ruling on Third-Party Releases and Discusses EPA's Impact on PBF Energy
02:37 • 2min
Lawsuit Reconsideration, Pension Obligation Costs, and Top Read Stories
04:57 • 2min
Erosion of Lender Protections in Credit Agreements
06:49 • 14min
Illusory Protections in Credit Agreements: Material IP Transfer
20:52 • 14min