Episode 4: Lender On Lender Priming

A growing number of non-pro rata and priming transactions in the financial markets are pitting corporate lenders against each other. In episode 4 of The Cramdown, O’Melveny partners Daniel Shamah and Jennifer Taylor join hosts Nancy Mitchell and John Rapisardi to discuss the practice of priming, its permissibility under existing law, and potential actions lenders can take to try and attack these transactions.