Paul Zumbro Authors Chapter on Debtor‑in‑Possession and Exit Financing

Cravath partner Paul H. Zumbro authored a chapter entitled “DIP and Exit Financing Trends and Strategies in a Changing Marketplace,” which was published in the book Inside the Minds: Recent Trends in Debtor‑in‑Possession Financing, a 2016 special report published by Aspatore Books, a division of Thomson Reuters. The chapter discussed the latest issues affecting debtor‑in‑possession (DIP) and “exit” financing, including the regulatory environment and changes in the credit markets. Paul also covered crucial steps to achieving a successful corporate reorganization, including strategies for lining up DIP financing before filing for bankruptcy and key factors lenders look to when financing a DIP.

Please click here to read the chapter.