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Closing arguments in the Incora adversary proceeding are scheduled to begin next week on Monday, 24 June, promising an end to a lengthy proceeding that started back in January.

Here’s a look at the significance of the case, how it progressed, and its potential ramifications for the broader market. One clear takeaway from the trial so far is that no matter how these fights go, bringing them to bankruptcy court is a guaranteed way to incur hefty costs.

“To me Wesco [Incora], Robertshaw, Serta, if nothing else, they underscore the professional fee and litigation burden associated with aggressive LMEs,” said King & Spalding partner Michael Handler.