Kramer Levin provides its clients proactive, creative and pragmatic solutions that address today’s most challenging legal issues. The firm is headquartered in New York with offices in Silicon Valley and Paris and fosters a strong culture of involvement in public and community service. For more information, visit www.kramerlevin.com
Corporate Restructuring and Bankruptcy associate Mark Chass's article, "Takeaways From Cumulus Media Refinancing Ruling," appeared in Law360's Expert Analysis column on May 8, 2017.
Corporate Restructuring and Bankruptcy associate Mark
Chass's article, "Takeaways From Cumulus Media Refinancing
Ruling," appeared in Law360's Expert Analysis
column on May 8, 2017. Mr. Chass examines the S.D.N.Y.'s ruling
in Cumulus Media Holdings Inc. v. JPMorgan Chase Bank NA,
which found that a proposed refinancing that was consented to by
the company's revolving credit lenders nevertheless violated
the negative covenants in the company's credit agreement.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
