Broad amendment provisions in intercreditor agreement pose significant risks to unwary subordinate lien creditors

Date

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Location
USA
Firm
Cadwalader Wickersham & Taft LLP
Tags
USA
Insolvency & Restructuring
Litigation
Cadwalader Wickersham & Taft LLP
Bankruptcy
Credit (finance)
Debtor
Breach of contract
Tortious interference
Debt
Consent
Supply chain
Liability (financial accounting)
Maturity (finance)
Secured loan
United States bankruptcy court