Private Credit Lenders: What’s a “Structured Dismissal” and Why Should You Care?

Despite the Supreme Court’s rejection of a structured dismissal in 2017,[1] there is a growing trend of bankruptcy courts approving structured dismissals of chapter 11 cases following a successful sale of a debtor’s assets under Section 363 of the Bankruptcy Code.

Filed under:
USA, Insolvency & Restructuring, Litigation, Proskauer Rose LLP, Bankruptcy, Private equity
Authors:
Charles A. Dale , David M. Hillman , Libbie B. Osaben
Location:
USA
Firm:
Proskauer Rose LLP