The caselaw on “uptiers” as liability management exercises (LMEs) grew by two opinions on the last day of 2024. In Serta, the Fifth Circuit reversed the bankruptcy court’s blessing of the pre-bankruptcy uptier and...more
1/8/2025
/ Appeals ,
Bankruptcy Code ,
Bankruptcy Court ,
Breach of Contract ,
Chapter 11 ,
Commercial Bankruptcy ,
Contract Terms ,
Corporate Restructuring ,
Credit Agreements ,
Creditors ,
Debt ,
Indemnification ,
Lenders ,
Liability ,
Loans