Serta Debt Ruling Lobs ‘Grenade’ Into Restructuring Strategies
January 3, 2025
January 3, 2025
Cleary Gottlieb partner Sean O’Neal was quoted in the article, “Serta Debt Ruling Lobs ‘Grenade’ Into Restructuring Strategies,” published by Bloomberg Law.
The article discusses how the Serta opinion is a liability management ‘landmark’ decision, as well as how majority lenders may look to other tools to maximize loan recovery.
To read the article, click here.