• WHERE DID MY COLLATERAL GO? IT’S NOT JUST FINANCIAL COVENANTS THAT MATTER — A VARIATION ON THE THEME OF UNINTENDED CONSEQUENCES AS J. CREW MOVES KEY COLLATERAL BEYOND LENDER'S REACH
  • July 28, 2017 | Author: David W. Morse
  • Law Firm: Otterbourg P.C. - New York Office
  • In the midst of the competitive lending landscape, the loosening of covenant structures in credit facilities and the resulting increased risk for lenders, coupled with the ongoing pressure on the margins paid for lenders for their risk, is often commented on within the finance industry.