The Eighth Circuit's decision in Simply Essentials has practical significance for Chapter 11 debtor in possession (DIP) lenders. U.S. Trustees and unsecured creditors regularly object to the granting ...

Postpetition financing provided by pre-bankruptcy shareholders or other "insiders" is not uncommon in chapter 11 cases as a way to fund a plan of reorganization and allow old shareholders to retain an ...

Early last year, when corporate defaults were headed for the stratosphere and capital was hard to come by, lenders willing to provide debtor-in-possession loans to Chapter 11 companies looked to make ...

Barneys New York has fervently touted its $217 million in debtor-in-possession financing arrangement as its ticket out of bankruptcy, but top creditors including Prada USA Corp. and Chloé aren’t ...

Building on emerging trends, 2024 has seen a continued rise in the use of equity-linked debtor-in-possession (DIP) financing in Chapter 11 cases. Recent examples from WeWork and Enviva illustrate how ...

VANCOUVER, CANADA–(Marketwired – Oct. 15, 2014) – RB Energy Inc. (the “Company” or “RBI”) (TSX:RBI)(OTCQX:RBEIF) announces that the Quebec Superior Court has issued an Amended and Restated Initial ...

Neiman Marcus Group is entering the next phase of its bankruptcy proceedings. On Tuesday, the Texas bankruptcy court overseeing the case granted final approval for the retailer’s proposed $675 million ...

LATAM Airlines’ proposal to secure $2.2 billion in debtor-in-possession financing has been rejected by a bankruptcy court in New York. The Chile-based airline group, which filed for Chapter 11 ...

CALGARY, Alberta, Jan. 07, 2026 (GLOBE NEWSWIRE) -- (“Canacol” or the “Company”) refers to its prior announcement regarding the Company’s agreement for debtor-in-possession financing and related ...

Count Amazon as one more party that is feeling ripped off by Saks Global and its march into bankruptcy. The web giant, which has been working to build in luxury for years, was once a key backer. It ...

AUSTIN, Texas--(BUSINESS WIRE)--Core Scientific, Inc. (OTC: CORZQ) ("Core Scientific" or the “Company”), a leader in high-performance blockchain computing data centers and software solutions, today ...

Judge James Garrity of the U.S. Bankruptcy Court for the Southern District of New York recently denied motions to approve a novel DIP financing provided in part by a group of controlling shareholders ...