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Why Did I Get a Letter from Epiq Corporate Restructuring Llc Form

Why Did I Get a Letter from Epiq Corporate Restructuring Llc Form

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[Music] Welcome to our final video examining the key differences between us chapter 11 restructurings and the English restructuring plan another key comparison is the company's ability to operate once the restructuring procedure is underway Central considerations here are statutory stays and access to interim financing the bankruptcy code permits debtors to raise super priority post-petition secured financing following the commencement of a chapter 11 proceeding known as debtor in possession or debt financing this essential tool allows for a source of financing to enable the business to continue operating without interruption and to fund the often significant administrative expenses associated with the chapter 11 proceeded dip financing is an essential tool for chapter 11 debtors as in most instances they will not be able to raise financing on an unsecured basis while in chapter 11. additionally a worldwide automatic stay comes into effect immediately upon the commencement of a

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