News and Events

10/29/2018

Sugar Felsenthal Grais & Helsinger LLP is pleased to announce that Mark Melickian will moderate a West LegalEdcenter/Financial Poise webinar series titled “Bankruptcy Transactions 301- Negotiating and Drafting Cash Collateral/DIP Financing Orders"

Every company needs access to cash to fund its operations. Companies in bankruptcy are no different. But how should a company planning to enter bankruptcy approach this issue if all of its cash is tied up by a secured lender? What will a bankruptcy judge say when the company asks her permission to use cash on terms presented by its lender? How should lenders, debtors, and creditors approach negotiations over the terms of a cash collateral order or debtor-in-possession (DIP) financing  agreement? This webinar focuses on answering these questions for advanced business reorganization practitioners and advisors from the perspective of all parties to a negotiation, as well as addressing best practices in drafting, negotiating, and presenting cash collateral and DIP financing orders in complex reorganization proceedings.