Shai Schmidt

Shai Schmidt, a partner at Glenn Agre, brings his expertise as a bankruptcy attorney to discuss minority holders' strategies. He highlights the differences between LMEs and bankruptcies, emphasizing the importance of organizing early and understanding credit agreements. Shai tracks the shift from exclusionary to inclusive LMEs, warning that inclusive offers can still be aggressive. He shares insights on key sacred rights and the potential for using litigation as leverage in negotiations, offering essential advice for lenders navigating this complex landscape.