X
    X
    X
    X

    Edwards Wildman's Mark-David Adams Comments on Detroit's Interest-Rate Swaps in the Bond Buyer

    News
    Mark-David Adams, a partner in Edwards Wildman's Public Finance Department in West Palm Beach, discussed Detroit's interest-rate swaps in the Bond Buyer. In the article, "Detroit's Long-Term Liabilities, Interest-Rate Swaps, Pose Threat to Operations," Adams said, "The bankruptcy court would try not to disturb the priority as far as cash flow between the bondholders and swap providers. If the documents provide that swap payments are paid with or at the same priority level as debt service on the bonds, the court would respect that."

    Explore Additional Topics

    Disclaimer

    Please understand that your communications with Locke Lord LLP through this website do not constitute or create an attorney-client relationship with Locke Lord LLP. Any information you send to Locke Lord LLP through this website is on a non-confidential and non-privileged basis. Therefore, do not send or include any information in your email that you consider to be confidential or privileged.