TMA Turnaround Square: The ABCs of LMEs

This session will demystify Liability Management Exercises (LMEs)—strategic financial maneuvers that can reshape a company’s capital structure outside of bankruptcy. We’ll explore what LMEs are, why companies pursue them, who they impact (and how), and how these transactions are evolving. Attendees will leave with a clearer sense of how LMEs affect equity holders, lenders, and management—and what to look out for when these deals go right… or go wrong. 1.2 CEU and CPE credits are available. 1.2 CLE credits in IL are anticipated. 

Panelists: 

Genna Ghaul 

Associate, Jones Day 

Maja Zerjal Fink 

Partner, Clifford Chance 

Rich Morgner 

Managing Director and Joint Global Head of Restructuring and Recapitalizations, Jefferies LLC