State of Distressed: Houlihan Lokey’s Tuck Hardie Is Back
“It may or may not be good ... or binding precedent, but I think ConvergeOne will actually make the holdout risk worse because the minority lenders will now point to...
By Mariam Traore · Bloomberg
“It may or may not be good ... or binding precedent, but I think ConvergeOne will actually make the holdout risk worse because the minority lenders will now point to it and say ‘Sorry pal, you can’t jam this down my throat in court, so you’re not jamming it down my throat out of court either,’” says Houlihan Lokey Managing Director Tuck Hardie. He joins Bloomberg Intelligence’s Noel Hebert and Phil Brendel on this episode of the State of Distressed Debt podcast to review the workout landscape, s