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Creditors Equity Financing

Kramer Levin Naftalis & Frankel LLP

Delaware Bankruptcy Judge Rejects 'Consensual' Releases in Emerge Energy Chapter 11 Plan

The Honorable Karen B. Owens, sworn in as a Delaware Bankruptcy Judge on June 17, 2019, recently ruled that the third-party releases contained in Emerge Energy Services LP’s Chapter 11 plan were not consensually granted,...more

Proskauer Rose LLP

Growth in Third Party Preferred Equity Financing — Flexibility Leads the Way

Proskauer Rose LLP on

The trend of direct lenders providing preferred equity financing to support sponsors and operating companies has only accelerated in the two years since we first wrote on the topic. Preferred equity instruments in general...more

Proskauer Rose LLP

The Emergence of Third Party Preferred Equity as a Financing Device

Proskauer Rose LLP on

Increasingly, buyout sponsors are turning to third party preferred equity as a financing tool for their transactions. Structured to be treated as equity for debt rating agencies, bank regulatory regimes and in-place debt...more

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