Lenders Beware: After Kallick, are Proxy Puts Worth the Paper They're Written On? | Practical Law

Lenders Beware: After Kallick, are Proxy Puts Worth the Paper They're Written On? | Practical Law

This Article analyzes proxy puts in credit agreements in the aftermath of recent Delaware decisions to assess whether they still offer lenders the protections for which they were designed. 

Lenders Beware: After Kallick, are Proxy Puts Worth the Paper They're Written On?

by Practical Law Finance
Published on 31 Oct 2013 • USA (National/Federal)
This Article analyzes proxy puts in credit agreements in the aftermath of recent Delaware decisions to assess whether they still offer lenders the protections for which they were designed.