If @Twitter was rendered insolvent post LBO (assets < liabilities) then the Banks could face constructive fraudulent transfer claims in BK with respect to the liens and guarantees. This article describes the risk generally.
https://t.co/AVNLYuWNVZ #twitter#bankruptcy
@writeclimbrun Yea it’s asinine and just flat out wrong in my humble opinion. Weil was elite. There are very few firms (maybe 3-5) that are objectively better all things considered.
Turnarounds & Workouts has named @kslaw partner Michael Handler to its 2023 Outstanding Young Restructuring Lawyers list. Congratulations, Michael! https://t.co/ia37fFk0y7
.@kslaw partner Michael Handler explains why the current economic environment may be ripe for sponsor liquidity injections as inflation cools and financial conditions ease. Read the Bloomberg article below. https://t.co/pLwufykuJK