Andrew Glenn joins 9fin webinar to discuss 5th Circuit dismantling of Serta decision

The recent Serta Simmons and Mitel Networks decisions have already had a resounding impact on the restructuring industry. These precedent setting matters are evolving the use of liability management exercises (LMEs) and changing the dynamic between companies, majority lenders, and minority lenders.

As one of the go-to lawyers for minority lenders, Glenn Agre managing partner Andrew Glenn will join other bankruptcy and restructuring insiders on January 28 as a panelist on 9fin’s webinar titled “Turns out Serta was not ‘unambiguous’: How the 5th Circuit dismantled Judge Jones’ most famous ruling and what comes next.”

Andrew and his co-panelists from Debevoise & Plimpton LLP and Faegre Drinker Biddle & Reath will discuss as:

• Pro-ruling advocates who will champion the court’s commitment to overarching pro rata sharing principles in loan documents and the protection of syndicated loan agreements.
• Opponents of the ruling who will address concerns about limiting solutions for companies in financial distress and the broader implications for liability management.

Click here to register for the webinar.