Nick Whitney, a partner in Chapman's Banking and Financial Services Department, joined Xtract Research’s senior covenant analyst Vince Pisano for the inaugural recording of the new Xtract Research podcast series. The discussion focuses on a recent case involving financing agreements for J. Crew Group, Inc. to illustrate lessons for lenders and distressed investors. The discussion also highlights other recent developments affecting the leveraged lending market.
For more information, download the firm's article: "Companies Are Using Covenants to Restructure Their Capital Structure and Prime Existing Debt: What Lenders and Debt Investors Need to Know," which was published by Law360, ACIC Private Notes, and the Harvard Law School Bankruptcy Roundtable.