June 27, 2024 - This morning, a 5-4 majority of the Supreme Court rejected the plan of confirmation in the Purdue Pharma case.  Because third-party releases are ubiquitous in corporate bankruptcies, the decision has important ramifications for the broadly syndicated and private credit markets.  The LSTA will be hosting a webinar on July 10th at 4PM (ET) to discuss the Purdue decision and what it may mean for corporate restructurings. The LSTA’s Elliot Ganz will moderate a panel that includes Judge Craig Goldblatt of the Delaware Bankruptcy Court, Phil Anker, a partner at Wilmer Hale, and Dan Kamensky, the founder of the Creditor Rights Coalition. LSTA members can use this link to register for the webinar.

Become a Member

Membership in the LSTA offers numerous benefits and opportunities. Chief among them is the opportunity to participate in the decision making process that ultimately establishes loan market standards, develops market practices, and influences the market’s direction.

View our Latest Member Spotlight

Our Partners

CUSIPDeal Catalyst transparent colourFitch Group logolseg_da_logo_hrz_rgb_posMorningstar