Beyond Traditional Financing: Equity-Linked DIP Strategies in WeWork and Enviva

Westlaw Today

Shana A. Elberg Moshe S. Jacob Bram A. Strochlic

Two recent bankruptcy cases demonstrate that equity-linked debtor-in-possession financing is not just growing in popularity but also in creativity regarding its implementation. Reviewing the cases, partner Shana Elberg and associates Moshe Jacob and Bram Strochlic discuss DIP financing, which they expect will increasingly play a decisive role in shaping the strategic outcomes of Chapter 11 reorganizations.