What's in Your Intercreditor Agreement?
September 11, 2016
Since the Great Recession, the outcome of a series of bankruptcy cases has turned on the court's view of the exact wording of an intercreditor agreement. Consequently, it is critical for first lien lenders to understand the scope and extent of their rights under intercreditor agreements. Otterbourg partner, David Morse, discusses the issues first lien lenders should consider when negotiating their intercreditor agreements here.
