Pages from Purdue Poison Pill _The Breakdown of Chapter 11's Checks and Balances 2021

Purdue Pharma, the bankruptcy drug manufacturer at the center of the opioid crisis, entered into a controversial settlement of its civil and criminal liability
for opioid harms with the Department of Justice.

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Purdue-Poison-Pill-_The-Breakdown-of-Chapter-11s-Checks-and-Balances-2021.pdf

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ISDA, LMA and LSTA Talk Hedging SOFR

By Tess Virmani. On October 12th ISDA hosted a webinar together with the LSTA, LMA and Linklaters covering the RFR-related provisions in ISDA’s documentation.

LIBOR Transition: The OCC Speaks

By Meredith Coffey. Both the SEC (though Gary Gensler’s pronouncements) and the Federal Reserve (through Randal Quarles’s speeches) have made their positions clear on LIBOR…

Another Threat to LIBOR: Part II

LSTA GC Elliot Ganz explains the LSTA’s participation in an amicus brief supporting the dismissal of a lawsuit questioning the legality of LIBOR (and, by…