A court may recharacterize a creditor’s debt claim as an equity interest. This recharacterization often has a significant impact on creditor claims.

#BusinessDistress #CreditorsCommittee #GeneralUnsecuredCreditor #Insolvency #Priorities
www.dailydac.com/the-elegant-...

Cash collateral and DIP financing orders are powerful tools that can keep a distressed company alive while its stakeholders sort out who gets paid what and when.

#BusinessDistress #CashCollateral&DIPFinancing #Chapter11Plans/Confirmation #CreditorsCommittee
www.dailydac.com/understandin...

The manager of an insolvent LLC has distributed cash to themselves instead of paying off the company’s debts. What can you do as a creditor?

#Chapter11Plans/Confirmation #Chapter7Bankruptcy #CreditorsCommittee #GeneralUnsecuredCreditor #SecuredClaims
www.dailydac.com/what-can-cre...

When a business enters Chapter 11 bankruptcy, securing cash flow becomes a paramount concern. Enter cash collateral and debtor-in-possession (DIP) financing.

#363Sale #CashCollateral&DIPFinancing #Chapter11Plans/Confirmation #CreditorsCommittee #UseofCashCollateral
www.dailydac.com/the-lifeline...

Being solvent doesn’t prevent a debtor from filing for bankruptcy — but can their case still be dismissed on other grounds? 

#BankruptcyPetition #Chapter11Plans/Confirmation #CreditorsCommittee #ExecutoryContractsandUnexpiredLeases #Insolvency
www.dailydac.com/solvent-debt...

When a debtor files for bankruptcy, their creditors are paid based on the absolute priority rule. As an unsecured creditor, where does your claim sit in the order of priority?

#Claims #CreditorsCommittee #GeneralUnsecuredCreditor #InvoluntaryBankruptcy
www.dailydac.com/who-gets-pai...