Blocking Rights in LLC Operating Agreements: Do These Provisions Help Lenders?

Traditionally, secured lenders have utilized blocking rights to prevent a limited liability company from filing for bankruptcy before the lenders have recovered the debt. Nancy Peterman explains that two recent court decisions have made it more difficult for lenders to use blocking rights without taking the rights of other stakeholders into account.

Greenberg Traurig’s Oppenheimer Named CFA 40 Under 40 Recipient

Greenberg Traurig attorney Bethani Oppenheimer was named a member of the inaugural class of the Commercial Finance Association’s 40 Under 40 Award winners.

Greenberg Traurig Adds Two Bankruptcy/Restructuring Pros

Bankruptcy and restructuring attorneys Karl D. Burrer and Lenard M. Parkins have has joined Greenberg Traurig to expand the firm’s bankruptcy and restructuring practice in Texas.

Greenberg Traurig Adds Tartakovskiy to M&A Practice

Dmitriy A. Tartakovskiy has joined law firm Greenberg Traurig as a shareholder in its Global Corporate M&A Practice. Before joining the firm, Tartakovskiy was counsel at Debevoise & Plimpton LLP.

Greenberg Advises Polish Bank in Acquisition of GE Capital Affiliates

Greenberg Traurig advised Alior Bank in an agreement to acquire Bank BPH’s core business from affiliates of GE Capital.

Greenberg Traurig Adds Bowen to Private Equity Practice

Global law firm Greenberg Traurig expanded its Private Equity Practice with the addition of Todd E. Bowen as shareholder. Before joining the firm, Bowen was a partner at Mayer Brown.

Greenberg Traurig Adds Boelter to its Chicago Corporate Team

Greenberg Traurig announced that John P. Boelter has joined the Chicago office as a shareholder in the Corporate and Securities practice.

Greenberg Traurig Adds Reiss to Restructuring Practice

International law firm Greenberg Traurig continues to grow its Corporate, Energy, and Restructuring practices with the addition of Allan D. Reiss as shareholder in the New York City office.

Greenberg Traurig Names Kern New Shareholder

Greenberg Traurig said Stacey T. Kern has joined the Chicago office as a shareholder in the Corporate & Securities Practice.

Greenberg Traurig Expands Corporate Practice

Suzanne L’Hernault joined Greenberg Traurig as a shareholder in its Corporate & Securities and Banking & Finance practices.