Executive Summary

CreditSights convened leading voices to discuss cooperation agreements facing new antitrust challenges. Experts explored how coordination tools are now under unprecedented legal scrutiny.

Practitioners from restructuring and antitrust practices shared perspectives on this evolving battleground. Their analysis revealed shifting dynamics between creditors, borrowers, and regulatory frameworks.

Cooperation agreements initially emerged as creditors’ response to aggressive liability management strategies. However, these coordination mechanisms now face litigation questioning their market impact.

Recent lawsuits challenge whether traditional creditor coordination crosses antitrust boundaries under federal law. Panelists examined legal frameworks courts may apply and potential defensive strategies.

Additionally, the report captures audience perspectives on likely case outcomes and continuing trends. Download the full analysis to understand how this battle may reshape markets.