How Will The Manufacturer Be Financed During The Chapter 11?
For a debtor-in-possession, obtaining financing to support its ongoing operations can be a vital part of the reorganization process. The financing may come from its current lenders or new sources of funding that specialize in funding Chapter 11 debtors. The government may also provide direct financing or guaranty the financing by third parties. The debtor in possession financing order may dictate the future course of the case and proposed financings should be carefully reviewed by the dealers.
