Many businesses are struggling despite the federal government’s ongoing COVID-19 relief efforts. Given the current economic distress, an uptick in small commercial bankruptcy filings is likely, which will particularly impact community banks. Academic research has shown that debtors who obtain debtor-in-possession (DIP) financing are more likely to successfully emerge from bankruptcy. But many lenders—particularly community banks—are not familiar with how DIP financing works.
This webinar will provide:
- Clear explanation of ways DIP financing can be used in bankruptcy
- Key provisions lenders considering these loans will want to include
- Common objections to DIP financing, to prepare lenders for challenges
Presenters
Mark T. Benedict, Partner
Michael D. Fielding, Partner
Jessica M. Zeratsky, Partner
Who Should Attend
Distressed merger and acquisition professionals, private equity entities, executives and legal counsel in the agricultural industry as well as banks, financial institutions and other vendors that serve the agricultural industry.
Continuing Education Credit
This program is pending approval for Colorado, Illinois, Iowa, Kansas, Missouri, Nebraska, Tennessee, Texas and Wisconsin continuing legal education credit.
Questions? Contact Emily Schumacher at 816.983.8776.