Bankruptcy Provisions in Intercreditor Agreements | Practical Law

Bankruptcy Provisions in Intercreditor Agreements | Practical Law

A Practice Note describing the bankruptcy-related provisions commonly found in intercreditor agreements used in second lien financing arrangements, including waivers of bankruptcy rights by second lien lenders and the enforceability of these waivers in bankruptcy.

Bankruptcy Provisions in Intercreditor Agreements

Practical Law Practice Note 2-501-2054 (Approx. 41 pages)

Bankruptcy Provisions in Intercreditor Agreements

by Practical Law Bankruptcy & Restructuring and Practical Law Finance
MaintainedUSA (National/Federal)
A Practice Note describing the bankruptcy-related provisions commonly found in intercreditor agreements used in second lien financing arrangements, including waivers of bankruptcy rights by second lien lenders and the enforceability of these waivers in bankruptcy.