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CFOs On the Move: Week Ending June 24
McAfee, Boohoo, Carlsberg, Janus International, LaserShip, Wheels Up, JELD-WEN, LiveWire, SeaWorld, Deliveroo
By
Lauren Muskett
| June 24, 2022
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DIP financing
People
Hertz Loses Another CFO
The company has suspended a $1 billion share sale and sought DIP financing. It filed for bankruptcy in May.
By
Vincent Ryan
| September 29, 2020
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Credit & Capital
5 Common Misconceptions About the Chapter 11 Bankruptcy Process
Some perceive Chapter 11 as a fix-all for troubled companies, even though it’s not.
By
David G. Dragich
| July 8, 2020
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Legal
Not Every Financially Distressed Company Should Turn to Chapter 11
Financially distressed companies will find that Chapter 11 can be expensive, slow, and involve lots of oversight and reporting requirements.
By
David G. Dragich
| April 29, 2020
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Risk
Redefining ‘Extraordinary Circumstances’ in the Wake of COVID-19
For the “second phase” of the response to the pandemic, the question is whether business and financial counterparties will equally share the risk of loss.
By
Vincent Ryan
| April 21, 2020
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Credit & Capital
A Key for Getting Debtor-in-Possession Financing
A company in Chapter 11 must show it can pay "administrative claims" by creditors in order to qualify for DIP financing.
By
Kenneth A. Rosen
| March 29, 2016
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