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28 Law Firms Publish White Paper Addressing Trust Indenture Act Complications In Debt Restructurings
25 April 2016
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Debevoise and 27 other law firms have published a white paper addressing Trust Indenture Act complications in debt restructurings.
Recent decisions of the United States District Court for the Southern District of New York suggest a significant departure from the previously widely understood meaning of Section 316(b) of the Trust Indenture Act.
The white paper presents a set of general principles that can guide lawyers in giving legal opinions in restructurings, in light of uncertainties arising from these cases.
David A. Brittenham
Matthew E. Kaplan
M. Natasha Labovitz
Peter J. Loughran
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