ABA Model First Lien/Second Lien Intercreditor Agreement Published

McGuireWoods Lawyer Vice Chair of Task Force

September 1, 2010

Partner Christian Brose was one of several vice chairs leading an ABA-sponsored task force that drafted the Model Intercreditor Agreement and accompanying Task Force Report published in the May 2010 edition of The Business Lawyer. The task force worked to develop a balanced, market-based model form of intercreditor agreement to balance the interests of the holders of first lien and second lien debt. In addition to helping lead drafting sessions and working on the accompanying report, Mr. Brose appeared on several panels at ABA meetings and at the University of North Carolina School of Law Banking Institute in connection with the project.