The promise and perils of debtor-in-possession financing: Lessons from the United States
The ability of viable but financially distressed firms to obtain new financing to keep operating and pursuing value-creating projects is one of the most critical aspects for a successful reorganisation. Unfortunately, when a company becomes insolvent, lenders are rationally skeptical to extend credi...
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| Main Authors: | , |
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| Format: | text |
| Language: | English |
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Institutional Knowledge at Singapore Management University
2024
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| Online Access: | https://ink.library.smu.edu.sg/sol_research/4605 https://ink.library.smu.edu.sg/context/sol_research/article/6563/viewcontent/Ayotte_and_Gurrea_Martinez.pdf |
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| Institution: | Singapore Management University |
| Language: | English |