Equity Commitment Letters (ECL) are legal documents pursuant to which one party (typically the main fund or multiple funds managed by the sponsor) (the ECL Provider) commits to providing a certain amount of capital, usually...more
The challenges facing traditional banks over the last 12 months have proved to be golden opportunities for private lending. Aymen Mahmoud has more on private equity and private credit. ...more
It’s a small world, and particularly for global companies considering restructuring. Transactions rely increasingly on international synergies. Are you up to date on the details of cross-border processes? Mark Fine, Bradley...more
1/7/2021
/ Bankruptcy Code ,
Chapter 15 ,
Commercial Bankruptcy ,
Creditors ,
Cross-Border Transactions ,
Debt Restructuring ,
Debtors ,
Foreign Corporations ,
Foreign Debt ,
Insolvency ,
Intercreditor Agreements ,
Venue
Cram-Down There has been much commentary on the new restructuring plan which is modelled on the existing scheme of arrangement but includes cross-class cram-down powers afforded under section 901G of the new Part26A of the...more