IECA Spring Conference 2024 - The Basics of DIP (Debtor-in-possession) Financing

Location

3800 W Starr Pass Blvd
Tucson, AZ 85745
United States

Date
April 4, 2024
Type
Presentation
Event Type
Spring Conference
Presenters
Fran Lawall
Description

Following the declaration of bankruptcy, the debtor often attempts to negotiate new financing arrangements and new commercial contracts.  Entering into post-petition contracts with debtors is a unique scenario that poses traps for the unwary.  This presentation will describe the risks of transacting with debtors post-petition and will examine the contractual protections to include in the documentation for such transactions.