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Expert Analysis

Are Your Waivers Worth The Paper They Are Printed On?

Law360, New York (July 6, 2012, 6:28 PM EDT) -- After several years of unusually few corporate defaults, there has recently been an uptick in corporations failing to satisfy their bond and loan obligations. In a number of cases, the debts in question are part of multiple-lien or multitranche financing structures that incorporate complex subordination packages....

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