Contributor Page
Debevoise & Plimpton
 
Email  |  Articles
Contact Details
Tel: +1 212 9096000
Fax: +1 212 9096836
919 Third Avenue
New York
New York
NY 10022
United States
By David Brittenham, Scott Selinger
PIK notes are high yield debt securities that allow or require interest to be paid "in kind" ("PIK") in the form of additional notes or by increasing outstanding principal, instead of in cash.
By Steven Gross, Jasmine Ball, Richard Hahn, M. Natasha Labovitz, George Maguire, My Chi To, Michael Wiles
Recently, in Grossman v. Lothian Oil Inc. (In re Lothian Oil Inc.), the Fifth Circuit for the first time addressed the controversial doctrine of debt recharacterization.
On June 28, 2006, the German government issued draft legislation for the implementation of Directive 2004/109/EC ("Directive") of the European Parliament and of the Council of 15 December 2004 on the harmonization of transparency requirements in relation to information about issuers whose securities are admitted to trading on a regulated market in Germany.