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SUMMARY:The Nuts & Bolts of DIP Financing
DESCRIPTION:Edward L. Schnitzer will be a speaker at the Financial Poise™ and West LegalEdCenter™ live webinar titled\, “The Nuts & Bolts of DIP Financing” on July 12th at 3:00 PM EST. \nShow me the money! 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. \nClick here for more information or to register
URL:https://www.mmwr.com/event/the-nuts-bolts-of-dip-financing/
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