Structuring Unitranche Transactions: A Prudent Approach to Drafting Agreements

Nutter McClennen & Fish attorneys Philip R. Rosenblatt and John G. Loughnane discuss the uncertainty lenders may face when involved in a unitranche transaction. Since the unitranche model has not been thoroughly tested in court, they caution that when times get tough, lender parties will need the benefit of a well-crafted agreement—one that helps reach a solution instead of inadvertently accelerating a troubled situation.