Chapter 11: Every Cloud Has a Silver Lining--DIP Financing

May 23, 2012

Otterbourg attorneys, Steve Soll and David Morse, discuss the anticipated increase in the use of Chapter 11 by non-domestic shipping companies as a result of the Bankrupty Court decision in the Marco Polo bankruptcy and how Chapter 11 financing by creditors in such circumstances may provide significant substantive benefits to creditors in their article appearing in the April/May 2012 issue of Marine Money.