Rick Thide will speak on the panel, “Liability Management Exercises: Keys to Avoiding Legal Landmines for ABL Lenders” at the Secured Finance Network’s (SFNet) 2026 Emerging Leaders Summit on Wednesday, April 15 at 4:00 p.m. As liability management exercises (LMEs) continue to shape today’s restructuring environment—and put ABL lenders in the spotlight—this session will break down the market’s most common LME structures, including dropdowns, up‑tier exchanges, and other priming transactions. The panel will review how these approaches have played out in recent deals and litigation, highlight the key risks they pose for lenders, examine evolving court interpretations of sacred rights and “effect of” language, and discuss the practical protections lenders should ensure are built into their credit agreements. Learn more