Debtor in possession financing

 

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Debtor in possession financing

New debt obtained by a firm during the Chapter 11 bankruptcy process, Federal Bankruptcy Rule 4001 (c)(1). This financing is unique because it is secured, that is, it has priority over existing debt, equity and other claims.



Debtor in possession financing

Similar Matches

Possession

Possession

When a buyer signs the papers and receives the keys to the house, they officially take possession.


Interest in possession

Interest in possession

The legal right to receive income from, or occupy, trust property.


Repossession

Repossession

Usually occurs after a borrower seriously defaults on payments. The lender then legally evicts the borrower and usually auctions the property to recover losses. 


Debtor in possession

Debtor in possession

A firm that continues to operate under the Chapter 11 bankruptcy process.


Notorious Possession

Notorious Possession

A requirement for adverse possession. Possession so open (notorious) that the owner is presumed to have notice of it and its extent.


Further Suggestions

Unity Of Possession
Possessions corporation
personal possessions
Adverse possession


 
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