We use cookies to customise content for your subscription and for analytics.
If you continue to browse Lexology, we will assume that you are happy to receive all our cookies. For further information please read our Cookie Policy.

Search results

Order by: most recent most popular relevance



Results: 1-10 of 47

Ninth Circuit Reverses Itself on Payment of Default Interest in Cure Cases
  • Dechert LLP
  • USA
  • November 14 2016

Circuit held that when a chapter 11 debtor cures a default under its loan agreements, the debtor is required to pay default interest as required by


Recent Developments in Acquisition Finance
  • Dechert LLP
  • USA
  • March 29 2016

Two recent court decisions may affect an equity sponsor's options when deciding whether and how to put money into - or take money out of - a


US Special Purpose Vehicles’ Independent Directors and the Need for Fiduciary Duties
  • Dechert LLP
  • USA
  • June 1 2016

Essentially all securitization structures utilize a bankruptcy remote entity, aka special purpose entity ("SPE"), to reduce the lenders' or


Clear contractual terms prevail over equitable principles in bankruptcy cases (again)
  • Dechert LLP
  • USA
  • October 6 2015

Bankruptcy courts in the U.S. are widely viewed as favorable fora for debtors, trustees and creditors' committees to pursue creative and difficult


Recent developments in acquisition finance
  • Dechert LLP
  • USA
  • March 3 2014

A recent decision of the U.S. Bankruptcy Court for the Southern District of New York examines who is an "Eligible Assignee" entitled to acquire loans


D&Os - Be Aware of Creditor Exclusion in Your Insurance Coverage
  • Dechert LLP
  • USA
  • October 11 2016

The U.S. Court of Appeals for the Fifth Circuit recently held that a Creditor Exclusion provision in D&O insurance coverage may result in significant


Secured Creditors Beware: Overvalued Properties in Bankruptcy
  • Dechert LLP
  • USA
  • February 11 2016

An overvalued property may now have a bigger impact on a secured creditor's bottom-line during bankruptcy. Splitting with the Seventh Circuit, the


Recent developments in acquisition finance
  • Dechert LLP
  • USA
  • October 7 2015

When a portfolio company underperforms, a sponsor may consider various options to address the perceived performance issues, including changes to a


Recent developments in acquisition finance
  • Dechert LLP
  • USA
  • July 18 2012

There have been some important recent legal developments that will likely impact acquisition finance


FDIC issues opinion clarifying treatment of securitizations by financial companies subject to resolution under Title II of the Dodd-Frank Act
  • Dechert LLP
  • USA
  • January 3 2011

Our October 2010 DechertOnPoint "FDIC Begins Action on Its Super-Resolution Rules for Covered Financial Companies" discussed how systemically significant non-bank financial companies ("covered financial companies") may find themselves in unknown territory if the FDIC is appointed receiver for them