IBA Annual Conference Copenhagen 2026
4 Oct - 9 Oct 2026
Session information
Committee(s)
Insolvency Section
(Lead)
Banking & Financial Law Committee
Description
Liability management exercises (LMEs) are often used to avoid formal restructurings, but they do not always deliver the intended outcome. This panel will discuss the options available when an LME fails, including the shift to in-court processes, enforcement strategies and cross-border solutions. Panelists will explore key risks such as intercreditor tensions, litigation and value erosion, as well as practical considerations for stakeholders navigating the next phase of a distressed situation.