As outlined in our previous client alert relating to the current banking environment in the wake of SVB's failure and FDIC receivership, and notwithstanding the apparent stabilization of the banking industry and financial...more
3/31/2023
/ Banking Crisis ,
Banks ,
Borrowers ,
Consumer Financial Products ,
Deposit Accounts ,
Deposit Insurance ,
FDIC ,
Financial Services Industry ,
Lenders ,
Receivership ,
Silicon Valley
Junior and Senior Lenders work hard to negotiate Intercreditor Agreements. What difference does it make? Isn’t it enough to simply agree that the Junior Lender is in a junior position? This article follows a borrower,...more
3/24/2022
/ Bankruptcy Code ,
Bankruptcy Plans ,
Commercial Bankruptcy ,
Creditors ,
Debt Restructuring ,
Debtors ,
Intercreditor Agreements ,
Junior Lenders ,
Liens ,
Senior Lenders ,
Stays
Junior and Senior Lenders work hard to negotiate Intercreditor Agreements. What difference does it make? Isn’t it enough to simply agree that the Junior Lender is in a junior position? This article follows a borrower,...more