Debtor-in-possession financing in reorganization procedures: Regulatory models and proposals for reform

• المؤلف الرئيسي: Aurelio GURREA-MARTINEZ
• التنسيق: text
• اللغة: English
• منشور في: Institutional Knowledge at Singapore Management University 2023
• الموضوعات: DIP financing; Rescue; Finance; Creditors; Priority; Security interest; Courts; Banking and Finance Law
• الوصول للمادة أونلاين: https://ink.library.smu.edu.sg/sol_research/4607; https://ink.library.smu.edu.sg/context/sol_research/article/6565/viewcontent/Gurrea_Martinez_2023__DIP_financing.pdf

A situation of insolvency hinders a firm’s ability to obtain external finance. As a result, viable but financially distressed firms might be unable to keep operating and pursuing value-creating investment projects. Consequently, value can be destroyed for debtors, creditors, employees, suppliers and...