Hilary Dengel

Brian Resnick, a restructuring partner at Davis Polk, specializes in liability management, while Hilary Dengel focuses on sponsor finance and distressed financings. They dive into the nuances of voting and concentration caps in credit agreements, discussing their potential to revolutionize creditor organization. The duo explores whether these new provisions can outshine traditional DQ lists, and assess the impact of caps on co-op formation. With practical insights into legal drafting and market acceptance, this conversation offers a fresh perspective on evolving lending landscapes.