debtor in possession financing

Debtor-in-Possession Financing

Financing made available to a debtor in possession, which is a company that maintains its operations during a Chapter 11 bankruptcy. A debtor in possession is generally attempting to fulfill its reorganization plan, discharging certain debts and changing any structural weaknesses to put it on a path to profitability. A company often requires financing in order to restructure, and DIP financing enables it to do so.

debtor in possession financing

Financing arranged during the time a company is in Chapter 11 bankruptcy.

单词	debtor in possession financing
释义	debtor in possession financing Debtor-in-Possession Financing Financing made available to a debtor in possession, which is a company that maintains its operations during a Chapter 11 bankruptcy. A debtor in possession is generally attempting to fulfill its reorganization plan, discharging certain debts and changing any structural weaknesses to put it on a path to profitability. A company often requires financing in order to restructure, and DIP financing enables it to do so. debtor in possession financing Financing arranged during the time a company is in Chapter 11 bankruptcy.
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