Cov-lite loans can leave lenders with limited restructuring options, but creative lenders will still find ways to bring debtors to the table -
Recent data shows that investor protection in loan documents has fallen to its...more
7/13/2019
/ Board of Directors ,
Bonds ,
Covenant Lite Deals ,
Debt Market ,
Debt Restructuring ,
Debtors ,
EBITDA ,
EU ,
Fiduciary Duty ,
High-Yield Markets ,
Investor Protection ,
Lenders ,
Leveraged Debt ,
Material Adverse Events ,
Protective Covenants ,
UK
All three institutions of the European Union have now approved the EU Preventive Restructuring Framework Directive. This is the EU's first attempt to "harmonise" insolvency laws across the Member States, that have disparate...more
1/28/2019
/ Creditors ,
Debt Restructuring ,
Debtors ,
Entrepreneurs ,
EU ,
EU Directive ,
European Commission ,
European Parliament ,
France ,
Germany ,
Harmonization Rules ,
Insolvency ,
Italy ,
Member State ,
New Legislation ,
Scheme of Arrangement ,
Spain ,
UK