Show navigation

Available in:

OnDemand Webinar
Audio & Reference Manual
MP3 Download

Intercreditor Claims and Agreements In and Out of Bankruptcy

Gain the fundamental knowledge of Intercreditor Claims and Agreements.

This topic will teach you the fundamentals of Intercreditor Claims and Agreements In and Out of Bankruptcy. This topic will teach you the key intercreditor basics, with a particular emphasis on first and second lien intercreditor relationships. Learn the ins and outs of certain key provisions of intercreditor arrangements where value can be captured or lost in. Also, gain the knowledge of the customary provisions that can produce surprising results if the issues are not carefully considered when the structure is originated.

Runtime: 83 minutes
Purchase Options

More Program Information

Why Lorman?

Over 31 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Agenda

Introduction

  • Intercreditor Agreements Generally
  • 510(a) of the Bankruptcy Code

Basic Provisions of Intercreditor Agreements for First and Second Lien Creditors

  • First Lien Obligations
  • Lien Priority
  • Enforcement Standstills
  • Dispositions and Releases of Liens
  • DIP Financing and Use of Cash Collateral

??" Objection

??" Adequate Protection

  • 363 and Plan Sales
  • Reorganization Securities

Distinction Between Payment Subordination and Lien Subordination

  • Claim Subordination
  • X-Clauses

Trends and Developments in Intercreditor Agreements for First and Second Lien Creditors

Purchase Options

More Program Information

Why Lorman?

Over 31 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Credits

OnDemand Webinar

This course was last revised on March 19, 2018.

Call 1-866-352-9540 for further credit information.

This program does NOT qualify, nor meet the National Standard for NASBA accreditation.

Audio & Reference Manual

  • Arizona CLE 1.5
     
  • CA MCLE 1.5
     
  • CT CLE 1.5
     
  • GA CLE 1.5
     
  • HI CLE 1.5
     
  • IL CLE 1.5
     
  • ME CLE 1.5
     
  • MT CLE 1.5
     
  • NJ CLE 1.8
     
  • NV CLE 1.5
     
  • NY CLE 1.5 including Areas of Professional Practice 1.5
     
  • VT CLE 1.5
     
  • WA CLE 1.5
     
  • WV MCLE 1.8
     
The CLE Code is ONLY a requirement when applying for CLE Credit in California (for participatory credit), Kansas, New Jersey or New York. Other states do not need to supply the CLE Code to apply for CLE credit.

This program does NOT qualify, nor meet the National Standard for NASBA accreditation.

MP3 Download

  • Arizona CLE 1.5
     
  • CA MCLE 1.5
     
  • CT CLE 1.5
     
  • HI CLE 1.5
     
  • IL CLE 1.5
     
  • ME CLE 1.5
     
  • MT CLE 1.5
     
  • NJ CLE 1.8
     
  • NV CLE 1.5
     
  • NY CLE 1.5 including Areas of Professional Practice 1.5
     
  • VT CLE 1.5
     
  • WA CLE 1.5
     
  • WV MCLE 1.8
     
The CLE Code is ONLY a requirement when applying for CLE Credit in California (for participatory credit), Kansas, New Jersey or New York. Other states do not need to supply the CLE Code to apply for CLE credit.

This program does NOT qualify, nor meet the National Standard for NASBA accreditation.

Purchase Options

More Program Information

Why Lorman?

Over 31 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Faculty

J. Eric Wise

J. Eric Wise

Gibson, Dunn & Crutcher

  • Partner in the New York office of Gibson, Dunn & Crutcher
  • Member of Gibson Dunn’s Global Finance and Business Restructuring and Reorganization Practice Groups
  • Wrote: “The Melting Ice Cube: Diminution in Value Collateral Problems in Multi Lien Capital Structures,” published in the November 2017 (Vol 26, No. 6) issue of the Norton Journal of Bankruptcy Law and Practice; “Obtaining Adequate Protection: An Analysis Pertaining to Real Estate Projects,” published in the April 2013 (Vol. 22, No. 2) issue of the Norton Journal of Bankruptcy Law and Practice; "Restructuring Issues Concerning Real Estate Projects,” published in the March 10, 2011 issue of BNA’s Bankruptcy Law Reporter; “Reorganization Securities And Second-Lien Structures,” published by Law360 at www.law360.com on November 9, 2010; “X Clauses: Meaning and Mutations,” published on November 8, 2010 by Bloomberg Law Reports - Bankruptcy Law; “Tanking Bond Prices Spell Opportunity for Issuers,” The National Law Journal, Bankruptcy Law Section, February 16, 2009; “Second Lien Loans: A Market Matures;” The Metropolitan Corporate Counsel, April 2007; “Covenants: A Brief Guide to Survival,” The Banking Law Journal, June 2007; and “Crises in Auto Industry Raises Finance Issues;” The National Law Journal, Bankruptcy Law Section, July 11, 2005
  • Experienced in finance and restructuring transactions across industries, including health care, hospitality, real estate, telecommunications, steel, automotive, chemical, energy, transportation, telecommunications, financial institutions, and paper and forest products sectors
  • Expert in intercreditor relationships and complex debt structuring issues, and is frequently asked to advise in financial transactions involving complex intercreditor and debt structuring issues
  • Member of the bar of New York and is admitted to practice in the federal courts in the Southern District of New York
  • Involved in prominent restructuring matters such as Relativity Media, LightSquared Inc., Newland International Properties Corp (Trump Ocean Club), Solyndra LLC, and Travelport Limited
  • Can be contacted at 212-351-2620 or [email protected]
Purchase Options

More Program Information

Why Lorman?

Over 31 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

All of your training, right here at Lorman.

Pay once and get a full year of unlimited training in any format, any time!

  • Live Webinars
  • OnDemand Webinars
  • MP3 Downloads
  • Course Manuals
  • Audio Recordings*
  • Executive Reports
  • White Papers and Articles
  • Sponsored Live Webinars

Additional benefits include:

  • State Specific Credit Tracker
  • Members Only Newsletter
  • All-Access Pass Course Concierge

* For audio recordings you only pay shipping

Questions? Call 877-296-2169 to speak with a real person.

Sign Up Today
With This Course

Access to all training products for one year
$699/year

Unlimited Lorman Training

With the All-Access Pass there is no guessing what you will need for your yearly training budget. $699 will cover all of your training needs for an entire year!

Easy Registrations

Once you purchase your All-Access Pass you will never be any further than one-click away from attending any Lorman training course.

Invest in Yourself

You haven't gotten to where you are professionally by luck alone; it's taken a lot of hard work and training. Invest in yourself with the All-Access Pass.

Product ID: 403620
Published 2018
Purchase Options

Available in Multiple Formats

Purchase this course and learn on your schedule!