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On December 11, Jenner & Block Partner Richard Levin discussed recent decisions of interest to the lending community on a CLE webcast sponsored by the Loan Syndications and Trading Association. The webcast focused on decisions on horizontal gifting (Nuverra), enforceability of subordination clauses (Tribune), third-party releases (Arctic Glacier, Millennium Holdings, Kirwan), municipal revenue pledges (Puerto Rico), enforceability of anti-assignment clauses against claims trading (Woodbridge andCaesars) and adequate protection in sales free and clear (Hanmi Bank).
Mr. Levin is co-chair of Jenner & Block’s Restructuring and Bankruptcy Department. An author of the 1978 US Bankruptcy Code, he is recognized internationally as one of the foremost restructuring, bankruptcy and creditor-debtor rights lawyers handling complex bankruptcy transaction, litigation and special situation matters. Known for his deep knowledge and understanding of the bankruptcy law, Mr. Levin assists clients in developing sound strategies and creative solutions for complex multi-party problems.