US DIP financing to the rescue for Australian retail insolvencies?

Debtor in possession financing in the US has continued to rise, particularly in the context of retail insolvencies. In Australia, we have seen a number of high profile retail collapses in recent years. Can DIP financing solve the woes of struggling retailers in Australia?

Filed under:
Australia, Insolvency & Restructuring, Clayton Utz, Debtor in possession
Authors:
Orla McCoy , Mikhail Glavac
Location:
Australia
Firm:
Clayton Utz