Covenants: Conversation with Benoit Lavigne & Matthew Dunlap (May 12, 2020)

Benoit Lavigne and Matthew Dunlap, debt finance partners at Morrison & Foerster, provide insights into navigating financial covenants during tough times. They highlight creative flexibilities lenders can use to boost liquidity amidst economic stress. The duo discusses the evolution of limited condition acquisitions and the strategic planning required for compliance. They delve into debt strategies and the shifting dynamics of interest payments due to market uncertainties, all while contextualizing these challenges in light of the COVID-19 pandemic.