LSTA CHAPTER 11 PLAN PROCEEDS LETTER AGREEMENT FOR POST-EFFECTIVE DATE SETTLEMENT OF DISTRESSED TRADES May 4, 2026 The LSTA owns this document's intellectual property rights, including all copyright rights. This document may not be used, reproduced in whole or in part, adapted, modified, disclosed to others, or disseminated other than by members of the LSTA...
In this podcast, Nicholas Laveris, Of Counsel of Orrick, and Amy Pasacreta, Senior Associate of Orrick, discuss the LSTA’s Form of Proceeds Letter Agreement which can be used to settle a distressed trade where the borrower is a debtor in a case under Chapter 11 of the Bankruptcy Code....
