On this week’s podcast our Americas Core Credit and Americas Covenants experts discuss a recent opinion from the Murray Energy bankruptcy after a bankruptcy court upheld the waiver by a majority of DIP lenders where a minority DIP lender’s right to default interest arising from a breach of a covenant is only enforceable by the minority lender.
If you are not a Reorg subscriber, request access here: go.reorg-research.com/Podcast-Trial
Octus Radio