O’Melveny Worldwide

The Cramdown Podcast: Lender On Lender Priming

December 3, 2020

A growing number of non-pro rata and priming transactions in the financial markets are pitting corporate lenders against each other.  In Episode 4 of The Cramdown, O’Melveny partners Daniel Shamah and Jennifer Taylor join hosts Nancy Mitchell and John Rapisardi to discuss the practice of priming, its permissibility under existing law, and potential actions lenders can take to try and attack these transactions.

Providing timely insights for borrowers and lenders at a time of heightened economic uncertainty, The Cramdown podcast analyzes the latest industry and legal trends in today’s distressed economy. Restructuring practice chair John Rapisardi and partner Nancy Mitchell welcome guests to share practical insights on the many challenges affecting businesses and investors during economic disruptions.

Listen to the fourth episode of The Cramdown below and subscribe to hear future installments on Apple PodcastsSpotifyStitcher, and SoundCloud.