The Advisory summarizes the key features of the two main types of LMTs that have been prevalent in our market -- the drop-down financing and the uptiering transaction – as well as some recent structures commonly referred to by market participants generically as “double dip” financings. The Advisory now includes a discussion of the 2024...
Our panel of experts discussed: The state of LMEs. Where are the documentation trends?; What are the implications of the Serta and Mitel decisions for Uptiers and other LMEs?; What is the state of “equitable mootness” after Serta? and What are the implications of Serta’s excise of lender indemnities? Presented by Vincent Buccola, Professor of...
Our panel of experts discussed: The state of LMEs. Where are the documentation trends?; What are the implications of the Serta and Mitel decisions for Uptiers and other LMEs?; What is the state of “equitable mootness” after Serta? and What are the implications of Serta’s excise of lender indemnities? Presented by Vincent Buccola, Professor of...
