Finance partners, Maura E. O'Sullivan (New York) and Steven E. Sherman (San Francisco/New York) were among the authors of a chapter entitled, "The impact of current market conditions on covenants under senior secured credit arrangements" in the book, Global Financial Crisis: Navigating and Understanding the Legal and Regulatory Aspects.

The chapter addresses the impact on affirmative, negative and financial covenants in non-investment grade leveraged financings following the 2008-09 credit crisis.

Click here to view the full chapter, "The impact of current market conditions on covenants under senior secured credit arrangements."