Skip to content
BOL Conferences
Learn More - Click Here!

Thread Options
#2232188 - 03/03/20 02:43 PM Corporate Debtor in Possession
Jo Offline
Member
Joined: May 2009
Posts: 75
We have a Business that opened a Debtor in Possession account in July of last year. Our commercial department has received court notification that the Bankruptcy has been closed. They want to keep the DIP accounts open, just removing the DIP information from them.
Don't new account(s) need to be opened under these circumstances?

Return to Top
#2232189 - 03/03/20 02:52 PM Re: Corporate Debtor in Possession Jo
rlcarey Online
10K Club
rlcarey
Joined: Jul 2001
Posts: 83,336
Galveston, TX
I definitely would
_________________________
The opinions expressed here should not be construed to be those of my employer: PPDocs.com

Return to Top

Moderator:  John Burnett