Archive: January 2025
Subscribe to January 2025Fifth Circuit deals a blow to non-pro rata LMTs: Now what?
January 14, 2025
Liability management transactions (LMT) continue to generate headlines in the restructuring market and the 2024 holiday period was no exception. On New Year’s Eve, the US Court of Appeals for the Fifth Circuit gave judgment in Re Serta Simmons Bedding LLC.