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Debtor in possession financing |
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Debtor in possession financingNew 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 MatchesPossessionPossessionWhen a buyer signs the papers and receives the keys to the house, they officially take possession. Notorious PossessionNotorious PossessionA requirement for adverse possession. Possession so open (notorious) that the owner is presumed to have notice of it and its extent. Debtor in possessionDebtor in possessionA firm that continues to operate under the Chapter 11 bankruptcy process. Possessions corporationPossessions corporationA type of corporation permitted under the US tax code whose branch operation in a US possession can obtain tax benefits as though it were operating as a foreign subsidiary. Interest in possessionInterest in possessionThe legal right to receive income from, or occupy, trust property. Further SuggestionsAdverse possessionpersonal possessions Unity Of Possession Repossession |
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