What the Pros Say (Automotive, Cramdown, Third Party Releases)
Automotive Advancement. Foley & Lardner LLP has a thing or two to say about electric cars and autonomous vehicles. Meanwhile, the International Energy Agency issued a report on plug-in electric vehicles.
Cramdown. Baker McKenzie's Edward Wu summarizes the Second Circuit's decision in In re MPM Silicones LLC, where the court ruled that the market rate test should applied secured creditor cramdown (rather than the lower formula rate). Orrick's Evan Hollander also has a view. As does Mintz Levin's Kaitlin Walsh. Meanwhile, Bloomberg's Matt Levine looks at the case from a different perspective.
Third Party Releases. Jones Day's Corinne Ball weighs in.