Webcast: Getting Ready for the Next Cycle: Recent Trends and Developments in DIP Financings

September 24, 2019

To achieve a successful reorganization, the first need of a debtor is access to post-petition financing. During the webinar, we review new developments in debtor in possession financing, roll-ups, adequate protection, and other matters, as well developments from the last wave of filings that we are bound to see again in the next wave. Join our panel of seasoned business restructuring and reorganization practitioners as we discuss these recent developments and strategies.

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PANELISTS:

David M. Feldman is a partner in the New York office of Gibson, Dunn & Crutcher and Co-Chair of Gibson Dunn’s Business Restructuring and Reorganization Practice Group. Mr. Feldman’s practice focuses on the representation of banks, hedge funds, private equity firms and companies in a variety of bankruptcy cases, out-of-court restructurings, and distressed asset and debt transactions. Mr. Feldman has 25 years of experience representing creditor committees, bondholders, bank groups and equity committees in some of the largest and most complicated Chapter 11 cases. Mr. Feldman regularly represents financial institutions and hedge funds as lenders in connection with cutting edge loan transactions, including debtor in possession (“DIP”) loans, Chapter 11 exit facilities, second-lien loans, mezzanine loans, bridge loans, acquisition facilities and other transactions.

Eric Wise is a partner in the New York office of Gibson, Dunn & Crutcher. He is a member of Gibson Dunn’s Global Finance and Business Restructuring and Reorganization Practice Groups. Mr. Wise advises debtors and creditors in complex financing and restructuring transactions, including agent banks in complex leveraged financings, cross-border and multi-currency transactions, real estate financings, asset-based financings, and bank and bond/bridge financings and creditors and debtors in out-of-court and in-court restructurings. He has substantial experience in debt covenant analysis and junior capital structures, including second lien and subordinated financings and mezzanine structures. Mr. Wise also has extensive experience in Chapter 11 cases, and has been involved in numerous work-outs, rights offerings, recapitalizations, restructurings, and post-petition and exit financings, and distressed debt purchases and sales.


MCLE CREDIT INFORMATION:

This program has been approved for credit in accordance with the requirements of the New York State Continuing Legal Education Board for a maximum of 1.0 credit hour, of which 1.0 credit hour may be applied toward the areas of professional practice requirement. This course is approved for transitional/non-transitional credit.

Attorneys seeking New York credit must obtain an Affirmation Form prior to watching the archived version of this webcast. Please contact Jeanine McKeown (National Training Administrator), at 213-229-7140 or jmckeown@gibsondunn.com to request the MCLE form.

Gibson, Dunn & Crutcher LLP certifies that this activity has been approved for MCLE credit by the State Bar of California in the amount of 1.0 hour.

California attorneys may claim “self-study” credit for viewing the archived version of this webcast.  No certificate of attendance is required for California “self-study” credit.