The art of the LME: defining trends in 2025, and looking ahead to what’s next
- 9fin team
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?
Join 9fin for a webinar on December 9, 10am ET, to find answers to these questions and learn all you need to know before the next wave of deals hits your desk.
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
What we'll cover:
- 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
Save your seat today.