Uptiering - PowerPoint PPT Presentation


Audax Credit Opportunities Offshore Ltd. v. TMK Hawk Parent Corp. (2021) Case Overview

The case involved the amendment of a syndicated credit agreement, leading to a conflict between minority and majority lenders due to the subordination of some lenders without consent. The process of "uptiering" resulted in discontent among the lenders, ultimately leading to a lawsuit. The court deni

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