The American Bankruptcy Institute selected Chief Bankruptcy Judge Barbara J. Houser as president of the board of directors for a one-year term. In addition to Houser’s appointment, Robert P. Reynolds was named president-elect and will become president in April 2021.
DIP financing is a critical part of the turnaround process for retailers. Jordan Myers provides a detailed
guide to the recent trends as a growing number of retailers seek Chapter 11 protection.
Hana Financial secured a new $100 million factoring credit facility through the issuance of factoring contract backed notes. Guggenheim Securities served as sole syndication agent and arranger.