Since the decision in Assénagon in 2012, there has been some doubt as to how much coercion can be applied in a consent solicitation that includes an "exit consent" and whether consents that seek to force detrimental economic...more
Following from the European Leveraged Finance Client Alert Series article "Longer and longer: the ever lengthening loan agreement," the White & Case team compares similar trends in high yield bond documentation that have led...more
European Leveraged Finance Client Alert Series: Issue 4, 2019 -
Most high yield indentures contain a "Change of Control" clause that relates to changes in the beneficial ownership of the issuer. We provide an overview of...more
4/29/2019
/ Beneficial Owner ,
Bonds ,
Buyers ,
Change in Control ,
Contract Terms ,
EU ,
High-Yield Markets ,
Leveraged Finance ,
Portability ,
Ratings ,
Refinancing ,
Securities ,
Securities and Exchange Commission (SEC) ,
Securities Exchange Act ,
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