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Ep 150 ft. Andrew Kissner

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Manage episode 464720194 series 2911580
Content provided by Clauses & Controversies, Mitu Gulati, and Mark Weidemaier. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Clauses & Controversies, Mitu Gulati, and Mark Weidemaier or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.
Getting "J. Screwed" Sounds Better than Getting "Argentina'd" In the world of corporate debt, everyone seems to be talking about "Liability Management Exercises," where a borrower, with a subset of creditors, exploits loose loan covenants in ways that leave other creditors screaming mad. Even better, these LME techniques have clever names: "trap doors," getting "J. Screwed," etc. And while the worlds of sovereign and corporate debt don't overlap all that much, we wonder if litigation over LMEs can tell us anything about sovereign debt restructurings. Alas, we don't know much about corporate debt. Thankfully, Andrew Kissner (Morrison Foerster) joins us to dispel our confusion. Producer: Leanna Doty
  continue reading

160 episodes

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Ep 150 ft. Andrew Kissner

Clauses & Controversies

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Manage episode 464720194 series 2911580
Content provided by Clauses & Controversies, Mitu Gulati, and Mark Weidemaier. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Clauses & Controversies, Mitu Gulati, and Mark Weidemaier or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.
Getting "J. Screwed" Sounds Better than Getting "Argentina'd" In the world of corporate debt, everyone seems to be talking about "Liability Management Exercises," where a borrower, with a subset of creditors, exploits loose loan covenants in ways that leave other creditors screaming mad. Even better, these LME techniques have clever names: "trap doors," getting "J. Screwed," etc. And while the worlds of sovereign and corporate debt don't overlap all that much, we wonder if litigation over LMEs can tell us anything about sovereign debt restructurings. Alas, we don't know much about corporate debt. Thankfully, Andrew Kissner (Morrison Foerster) joins us to dispel our confusion. Producer: Leanna Doty
  continue reading

160 episodes

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