In a recent Bloomberg article, which dove into the recent ruling unraveling of a liability management exercise, Principal David Prager – Co-Leader of Brattle’s Bankruptcy & Restructuring practice – noted, “In these transactions, you’re trying to weave between the holes in the words. In this case, you have a good draftsman in the original docs that created a net between the holes.”

The Bloomberg article, “Incora Decision Shows How Tiniest Details Can Undo Major Deals,” is available below.

View Article (Behind Paywall)