Market Trends, Recent Deal Terms in Retail DIP Financing
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Market Trends, Recent Deal Terms in Retail DIP Financing
By Jordan Myers, Counsel, Alston & Bird LLP
When charting a course through bankruptcy, retailers must prioritize maintaining sufficient liquidity to fund operations and the expenses associated with the case. To accomplish this, retailers typically use a lender’s cash collateral and obtain debtor-in-possession (DIP) financing. Both are...
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Jordan Myers is counsel in the Atlanta office of Alston & Bird LLP. He focuses on structuring and restructuring complex finance transactions. Myers has experience representing commercial banks, alternative lenders, private equity funds, and corporate borrowers in a broad range of secured financing transactions, including cash flow loans, asset-based loans, and real estate loans, related to acquisition financings, dividend recapitalizations, corporate refinancings, debtor-in-possession financings, and cross-border financings. He can be reached at jordan.myers@alston.com.