Properly Read, Seventh Circuit Opinion Does Not Undercut DIP Financing | ABI

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January 17, 2018

Properly Read, Seventh Circuit Opinion Does Not Undercut DIP Financing

Opinion does not mean that a DIP financing lien terminates when collateral is transferred.

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Opinion Link

View Opinion

http://media.ca7.uscourts.gov/cgi-bin/rssExec.pl?Submit=Display&Path=Y2018/D01-11/C:17-1019:J:Hamilton:aut:T:fnOp:N:2089713:S:0

Case Details

Judge Name

David F. Hamilton

Case Citation

Banco Panamericano Inc. v. City of Peoria, 17-1019 (7th Cir. Jan. 11, 2018)

Case Name

Banco Panamericano Inc. v. City of Peoria

Case Type

Court

Bankruptcy Tags

Administrative Expense Claims

Executory Contracts/Leases

Practice and Procedure

Business Reorganization

Finance and Banking