Bank Turndowns (Volume 10): Are you looking for debtor-in-possession (DIP) financing to keep you afloat during bankruptcy?
If you are contemplating filing for bankruptcy on behalf of your company, looking for a new loan may be the last thing on your mind. Indeed, it seems counterintuitive to think that a bank would ever want to loan money to a company in financial distress, let alone a company in bankruptcy. However, there is […]