Author Description

When companies need to seek financing while filing for bankruptcy, the legal issues involved can get tricky. Private equity funds are supplanting banks as sources for money, bankruptcy cases and funding negotiations are moving more quickly, and restrictive covenants are showing up more and more often in agreements. In order to help their clients, lawyers must understand these new trends, as well as the general state of bankruptcy law and financing arrangements. Inside Recent Trends in Debtor-in-Possession Financing, you'll find tips on evaluating financing needs, seeking non-conventional funding options, and understanding industry-specific conditions. Both lawyers who specialize in bankruptcy and those whose regular clients find themselves in a debtor-in-possession case will benefit from the insights presented here.