Webinars and Podcast
Webinar Replay — The art of the LME: defining trends in 2025, and looking ahead to what’s next
- 9fin team
•2 min read
Liability management exercises (LMEs) dominated the leveraged finance landscape in 2025, reshaping creditor dynamics and testing legal boundaries.
As 2025 comes to an end, what have we seen play out in liability management transactions, what’s worked, and what’s backfired? And where does this leave the distressed space in 2026?
What's covered:
- 2025's newest LME technology: extend and exchanges, tiered co-ops, concentration caps and more
- Shifting dynamics in creditor cooperation and treatment
- Antitrust litigation in lender co-ops and where the line sits between collaboration and collusion
- Aggressiveness and Hybridization of Out of Court Restructuring
Speakers include:
- Gregory F. Pesce, Partner, White & Case
- Shai Schmidt, Partner, Glenn Agre
- Adam Shpeen, Partner, Davis Polk
- Stephen D. Silverman, Partner, Gibson Dunn
- Joe Zujkowski, Partner, Latham & Watkins
- Jane Komsky, Head of LMEs at 9fin
Watch the full session on demand below.
