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

Private Credit Lenders: What’s a “Structured Dismissal” and Why Should You Care? Despite the Supreme https://paydayloansohio.net/cities/bridgeport/ Court’s rejection of a structured dismissal in 2017, 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. A structured dismissal is a cost-effective way for a company to exit chapter 11 and is