July 15, 2024
Following a six-month trial and after previewing his thoughts two weeks ago, U.S. Bankruptcy Judge Marvin Isgur delivered an oral decision in favor of Kobre & Kim’s clients on July 10.
Judge Isgur found that Incora/Wesco’s 2022 uptier transaction breached the lien protections in the Company’s 2026 secured note indenture. The ruling was reported by The Wall Street Journal and Bloomberg among numerous other media outlets. (Click here to read the articles: WSJ | Bloomberg)
Zachary Rosenbaum, Adam Lavine and Darryl Stein led the Kobre & Kim trial team.