October 27, 2008
Clear Channel Communications Litigation Brings to Light Pitfalls with Debt Commitment Letters
The novel arguments raised in the Clear Channel Communications Inc. litigation earlier this year demonstrated certain pitfalls with debt commitment letters and could affect these letters for many years to come. The Deal published an article covering this topic by Peter L. Harris, an attorney with Dorsey & Whitney's Financial Restructuring and Bankruptcy Practice Group. "Fear of Commitment" was published by The Deal Newsweekly on October 10, 2008. Access The Deal's website here to view Harris' article.