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Basics for Beginners

Digging into DIP Financing & Cash Collateral Motions in Bankruptcy

Dealing with Corporate Distress 15: Digging into DIP Financing & Cash Collateral Motions in Bankruptcy

Will lenders loan to a company in bankruptcy? In this installment, uncover the many intricacies of DIP financing & cash collateral motions in bankruptcy.


14 The Secured Creditor’s Perspective About its Debtors

Dealing with Corporate Distress 14: The Secured Creditor’s Perspective About its Debtors

Let’s take a look at bankruptcy from the secured creditor’s perspective (they play a large role in a distressed business situation). Read about what a secured creditor should know when a business files for bankruptcy.


Dealing with Corporate Distress 13 The Unsecured Creditor’s Perspective About its Debtors

Dealing with Corporate Distress 13: The Unsecured Creditor’s Perspective About its Debtors

Being an unsecured creditor is not an enviable position. How must unsecured creditors conduct themselves to mitigate the risks associated with distress?


Introduction to Bankruptcy Claims Trading Part 2 Sale of a Claim

An Introduction to Bankruptcy Claims Trading Part 2: Sale of a Claim

New to the bankruptcy claims trading marketplace? Take a close look at documenting the purchase and sale of a bankruptcy claim.


Bankruptcy claims trading

An Introduction to Bankruptcy Claims Trading

A Primer on the Bankruptcy Claims Marketplace Upon the filing of a bankruptcy petition by a debtor in a U.S. chapter 11 proceeding, any attempts to collect debt by a creditor are halted. As a result, creditors face the daunting prospects of either waiting out the debtor’s bankruptcy case—not knowing when, how much, or even […]


All About Claims in Bankruptcy

Dealing with Corporate Distress 09: All About “Claims” in Bankruptcy

A Series on the ABCs of ABCs, when it comes to claims there’s a plethora of them. From secured, to unsecured, to bankruptcy, and trade. Read all the basics in this installment of Dealing with Corporate Distress.


Bankruptcy reporting requirements

Chapter 11 Reporting Requirements: How Debtors Must Stay Transparent

Bankruptcy Reporting Requirements Before and During Chapter 11 One of the  central principles of bankruptcy is that a debtor should have the benefit of a “fresh start.” However, to accord such relief, the Bankruptcy Code, Bankruptcy Rules, and case law require transparency from the debtor and other parties in interest. As such, strict compliance with […]


Preventing Forest Fires in Chapter 11

Dealing with Corporate Distress 08: Preventing Forest Fires with First Day Motions in Chapter 11

The ABCs of ABCs, Business Bankruptcy & Corporate Restructuring/Insolvency In this installment, we take you on a tour of the time leading up to the filing of a chapter 11 case and the days that immediately follow. Mostly, we’re referring to first day motions. Before we dive into first day motions, however, you should understand […]


Foreign Insolvency Chapter 15 Bankruptcy

Chapter 15 Bankruptcy: A Concise Overview

What Is the Purpose of Chapter 15 Bankruptcy? Bankruptcies are global fixtures, ones not necessarily restricted by borders. A company that files for insolvency protection in the Caribbean, Europe or the Far East may also have assets and interests elsewhere, like New York or Miami. Under those circumstances, the debtor’s representative may need the assistance […]


Order of Priority

Which Creditors Get Paid First? The Liquidation Order of (Absolute) Priority

What is the Hierarchy of Claims Under the Absolute Priority Rule? If you are a vendor, service provider, or another unsecured creditor to a chapter 11 debtor, you cannot be blamed for feeling like a duped lover after learning about the bankruptcy of your once devoted business companion. Despite the promises of “I’ll stand by […]


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