See Also: Debtor in possession financing(finance)
Debtor-in-possession financing(money)
Debtor in possession(finance)
Debtor in possession(money)
debtor(dictionary)
Debtor(money)
Debtor(finance)
debtor(dictionary)
Debtor(law)
debtor and creditor(encyclopedia)

Debtor-in-possession financing (money)


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