CLE Event: Recent Battles Over Redemption Premiums and Covenant Enforcement for Bonds

Wednesday, March 8, 2017 -
4:00pm to 5:00pm

Join us for a webinar presentation on Recent Battles Over Redemption Premiums and Covenant Enforcement for Bonds.

**Please note: There is the availability to attend this presentation in person but seats are limited. Please email to confirm your seat.

The presentation will include the following topics. 

-  Recent case law:
  • The EFH make-whole premium litigation
  • The Cash America default premium litigation

- The "no premium on default" language debate:
  • Overview of the language
  • What is the value of covenant enforcement?
  • How the buyside fought back and restored the market practice
  •  What lessons are there for future covenant enforcement?

-  Continuing covenant battles:
  • Equity claw redemptions: Team Health and Change Healthcare
  • Unrestricted Subsidiaries and the threat to collateral recoveries - why may default recovery assumptions be wrong?
You must complete the affirmation to obtain CLE credit and it must be turned in by March 9!

If you have any questions, please email Cassie Poss at

ACIC is an Accredited CLE Provider for New York and Illinois and will be filing for those states. Members may request credits in other states when registering. Credit in any state cannot be guaranteed prior to the event.  
ACIC Administrative Office
14070 Proton Road, Suite 100
Dallas, Texas 75244
Phone: 972.233.9107 x206   Fax: 972.490.4219