Overview
USA, Washington, Banking, Capital Markets, Insolvency & Restructuring, Litigation, Paul, Weiss, Rifkind, Wharton & Garrison LLP, Hedge funds, Default (finance)
Intercreditor Agreement in ION Media requires Second Lien Lenders “Be Silent” — precludes challenge to validity of liens; deprives junior creditors of standing to object to plan of reorganization.
USA, Insolvency & Restructuring, Litigation, Lowenstein Sandler LLP, Bankruptcy, Unsecured debt, Debt, Secured creditor, Secured loan, Federal Communications Commission (USA), United States bankruptcy court