By Mark Chass, Kramer Levin Naftalis & Frankel LLP ( May 8, 2017, 11:57 AM EDT) -- A recent decision by the U.S. District Court for the Southern District of New York in Cumulus Media Holdings Inc. v. JPMorgan Chase Bank NA (SDNY Feb. 24, 2017) found that a proposed refinancing that was consented to by the company's revolving credit lenders nevertheless violated the negative covenants in the company's credit agreement....
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