Two things you can’t avoid on the internet: cats and generative AI. As for the first, Happy International Cat Day to those who celebrate. As to the latter, we have a new federal court template: a generative AI use and compliance certification. Judges have...
Uptier or liability management transactions (LMTs) are a controversial breed of funded debt transaction, the essence of which is to allow a borrower to evade certain secured lenders' sacred rights provisions and create a higher tier of new, supersenior secured...