Christopher Cahill will present on the enforceability of intercreditor agreements in bankruptcy at the 2019 CBA Commercial Bankruptcy Seminar, to take place on November 12, 2019. Intercreditor agreements modify pre-existing priority rankings of the respective claims of secured creditors, and usually cabin the junior creditor’s rights and remedies against the debtor. What drafting pitfalls can be avoided (or engineered)? Will a well-drafted intercreditor agreement be enforced against the junior creditor by a bankruptcy court, in the face of some possibly overriding law or policy? And does the bankruptcy court have jurisdiction to enter a final order on a dispute?