EPISODE · Dec 18, 2025 · 27 MIN
Could 2025's LME outcomes spook the market for 2026?
from Legal Lens
Serta's advisors, including guest Jason Goldstein's firm Gibson Dunn, thought it could be the model for LME bankruptcies. Years later, appellate outcomes and shifting results from spiritually similar cases leave the market with just as many questions as answers about the hottest transaction type in recent memory. To wrap up 2025, Jason and Legal Lens host Andy Serbe discuss what that means for the market entering the new year.
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What this episode covers
Years into a hot LME market, cases once thought instructive have split into disparate outcomes, appeals, and trips to SCOTUS. As Legal Lens exits 2025, host Andy Serbe and Gibson Dunn's Jason Goldstein talk about the implications for 2026.
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Could 2025's LME outcomes spook the market for 2026?
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