The nuts and bolts of bankruptcy law 2022: The Nuts & Bolts of DIP Financing
Financial Poise Webinars™ will be hosting “The Nuts & Bolts of DIP Financing,” a live webinar premiering July 12th at 2:00 PM CST. This webinar is co-produced by West LegalEdCenter™ and part of the “The Nuts & Bolts Of Bankruptcy Law 2022” series. It will feature Joshua Gadharf (McDonald Hopkins); James Sullivan (Windels Marx); Erin Brady (Hogan Lovells); and Edward Schnitzer (Montgomery McCracken Walker & Rhoads LLP).
Debtors in Chapter 11 cases cannot survive without money to continue operations, pay vendors and professionals, and work to restructure debt and/or sell assets. Where do those necessary funds come from? There are really only two sources – cash the debtor has or can generate (in either case, generally the collateral of the secured lender) or new money coming into the estate in the form of a post-petition debtor-in-possession (DIP) loan. What the debtor is permitted or not permitted to do can seal the fate of a case from the outset. This webinar sheds light on the intricacies involved in DIP financing.
