debtor-in-possession love

debtor-in-possession

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Examples

  • The restaurant chain has secured more than $71 million of what is known as debtor-in-possession financing that will keep it afloat during bankruptcy proceedings.

    Friendly's Files for Chapter 11 Bankruptcy Mia Lamar 2011

  • NewPage, which carries more than $3 billion in debt, is in talks with J.P. Morgan Chase & Co. and Wells Fargo & Co. to obtain roughly $600 million in so-called debtor-in-possession financing, the people said.

    NewPage in Discussions With Lenders Mike Spector 2011

  • UBS AG and Ally Bank plan to provide Harry & David with roughly $100 million in so-called debtor-in-possession financing that would keep the company operating while it's under bankruptcy protection, this person said.

    Harry & David Nears Chapter 11 Joel Millman 2011

  • Hostess has lined up around $75 million in so-called debtor-in-possession financing to keep the company afloat during bankruptcy proceedings, the people familiar with the matter said.

    Twinkies Maker Preparing for Chapter 11 Filing Mike Spector 2012

  • Kodak is in discussions with large banks including J.P. Morgan Chase & Co., Citigroup Inc. and Wells Fargo & Co. for so-called debtor-in-possession financing to keep the company operating in bankruptcy court, people familiar with the matter said.

    Kodak Teeters on the Brink Mike Spector 2012

  • Friendly's, which carries more than $250 million in debt, is in talks with Wells Fargo & Co . for about $70 million in so-called debtor-in-possession financing that would keep it afloat during bankruptcy proceedings, the people said.

    Friendly's Restaurant Weighs Chapter 11 Mike Spector 2011

  • The Ohio-based paper manufacturer, laboring under more than $3 billion in debt, said it has up to $600 million in bankruptcy financing from lenders including J.P. Morgan Chase & Co., Barclays PLC and Wells Fargo & Co. The so-called debtor-in-possession financing will help keep NewPage afloat during bankruptcy proceedings.

    NewPage Files for Chapter 11 Mike Spector 2011

  • Among those efforts are discussions with possible lenders, including Citigroup Inc., for about $1 billion in so-called debtor-in-possession financing, the people said.

    Kodak Considers Restructuring Chief, Sues Samsung Dana Mattioli 2012

  • Highbridge Principal Strategies, a hedge-fund unit of J.P. Morgan Chase & Co., is providing the $150 million loan, known as debtor-in-possession financing.

    Dodgers Had to Pay Fee for Financing Matthew Futterman 2011

  • The Ohio-based paper manufacturer, laboring under more than $3 billion in debt, said it has up to $600 million in bankruptcy financing from lenders led by J.P. Morgan Chase & Co. The so-called debtor-in-possession financing will help keep NewPage afloat during bankruptcy proceedings.

    WSJ.com: What's News US 2011

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