Course curriculum

    1. Introduction

    2. Why Learn a Framework For Analyzing LMEs

    3. Overview of LME Litigation / Litigation & Settlements

    4. Common Legal Issues - Contractual Claims

    5. Serta & Mitel Litigation - "Open Market Purchase" / Courts Demand Contractual Basis For Claims

    6. Ongoing Disputes

    7. Lessons From Recent LME Litigation

    8. LME Covenant Analysis - How it Works / Liability Management Options

    9. LME 1.0, 2.0, 3.0

    10. The Framework For Analyzing LMEs

    11. The Framework For Analyzing LMEs / Goals of the Parties

    12. Is the Borrower Considering an LME?

    13. The Framework For Analyzing LMEs / Subordination

    14. Why Do Guarantees Matter / Case Study - Guarantor Coverage

    15. Why Does Colateral Matter / The Three Buckets Analysis / Collateral Release

    16. How to Analyze The Capital Structure

    17. The Framework For Analyzing LMEs / Defensive Maneuvers / How to Analyze Blockers

    18. The Framework For Analyzing LMEs / Amendments / Amendments vs. Waiver

    19. Case Study - Amendments & Waivers / How to Analyze Amendments

    20. The Framework For Analyzing LMEs - Priming Risk

    21. Priming (Uptiers)

    22. Debt Covenant - How it Works / Debt Covenant Analysis - 3 Data Points

    23. Liens Covenant - How it Works / Calculating Secured Debt Capacity - In Practice

    24. How to Analyze Secured Debt Capacity

    25. The Framework For Analyzing LMEs / Priming (Drop Downs) / When is the Restricted Payments Covenant Relevant

    26. Restricted Payments Covenant - How it Works

    27. Build-Up Basket - Conditions to Use

    28. Unrestricted Subsidiaries & Dropdowns

    29. How to Analyze Dropdown Capacity

    30. The Framework For Analyzing LMEs / Pro Rata Provisions / Comparing the Language

    31. Anti-Serta Language & DIP Financing Exception

    32. How to Analyze Pro Rata Repayments?

    33. The Framework For Analyzing LMEs / Asset Sales Covenant - How it Works

    34. Asset Stripping Mechanics / Asset Sales Covenant - FMV & C/CE Conditions

    35. Case Study: Fair Market Value / Case Study: Asset Sales Application of Proceeds

    36. How to Analyze the Asset Sales Covenant?

    37. The Framework For Analyzing LMEs - Decision Tree

About this course

  • Free
  • 37 lessons
  • 1 hour of video content

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