What the debtor is permitted or not permitted to do can seal the fate of a case from the outset.
CHICAGO (PRWEB) February 26, 2019
About the Series: No matter how you are involved in a Chapter 11 bankruptcy proceeding, there is a real chance you will wind up litigating some issue. Litigating in bankruptcy court, however, is very different than litigating in any other federal or state court because the customs, rules and players are all different.
About the Episode: 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. There are really only two sources of money – cash the debtor has or can generate (in either case, generally the collateral of the secured lender) or new money coming into estate in the form of a post-petition debtor-in-possession (DIP) loan. The terms of the use of cash collateral or DIP financing are some of the most contested battles in the Chapter 11 process. This webinar examines the issues involved and how the various constituencies fight about them.
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The webinar will be available on-demand after its premiere. As with every Financial Poise Webinar, it will be an engaging and plain English conversation designed to entertain as it teaches.
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