Davis Polk counsel Stephen Piraino and associate Matt Masaro recently authored an article published by the American Bankruptcy Institute titled, “Post-Petition, Pre-Solicitation Plan-Support Covenants: Potential Tools for Mitigating a Free-Fall Filing.” In the article, they discuss how utilizing plan support covenants post-petition and pre-solicitation may be a helpful tool for debtors to use to lock in plan support early and streamline the plan-confirmation process.

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