Wed 04/26/2023 09:29 AM
Relevant Items:Wittur Analysis
Reorg EMEA Webinar Replay on Wittur
Codere Update
The recent and ongoing restructurings of Wittur and Codere have brought to light an often overlooked but important consideration in restructurings and refinancings. Historically, equitable subordination had, at its heart, the principle that no one creditor should gain an unfair advantage to others. Nowadays, it is just as easily found being used as an additional level of corporate governance by law makers to...
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