Davis Polk partner Ken Steinberg, counsel Christopher Robertson and associates Timothy Oyen and Ethan Stern authored “DIP financing: Trends and developments” in Thomson ReutersPracti...
Davis Polk partners Jason Kyrwood, Brian Resnick and Ken Steinberg authored “Liability management goes mainstream” in Financier Worldwide. With liability management transactions incre...
The Delaware Bankruptcy Court in Bayside Capital Inc. v. TPC Group Inc. offers a counterpoint to TriMark by holding that a “sacred right” provision in an indenture, which required the...
Davis Polk partner and Finance co-head Jason Kyrwood and partner Meyer Dworkin authored a two-part series on “Navigating challenging markets” for International Financial Law Review. R...
Judge Rakoff’s Nine West decision allowed fiduciary duty claims to proceed against LBO seller directors and officers based on anticipated subsequent transactions by purchaserJudge Danie...
Davis Polk partners Jason Kyrwood, James Florack, Meyer Dworkin and Kenneth Steinberg recently authored an article for the International Financial Law Review, which provides an overview o...
Davis Polk partner Kenneth Steinberg, counsel Christopher Robertson and associate Dylan Consla authored “Key Developments and Trends in DIP Financing” in Practical Law Bankruptcy & Re...
A key feature of many modern credit agreements is an “incremental” or “accordion” provision, which can allow a borrower to increase the aggregate amount of financing available und...
In a typical “term loan B” (TLB) financing, the initial lenders expect to distribute the TLB paper to investors prior to funding. But what happens when that expectation cannot be met,...
Articles & Books
The International Comparative Legal Guide to: Lending & Secured Finance 2016
Much ink has been spilled over the last several years about the ongoing convergence of the U.S. institutional Term Loan B market with the high-yield bond market, including by our firm. Th...