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20 May 2024, 9:01 pm by renholding
The Problems With Cash Repurchases Payment with cash may be somewhat simpler than payment with a note, but the portfolio company may not have sufficient cash on hand and, even if it does, that cash may be subject to legal and/or contractual restrictions (such as debt covenants) that preclude its use. [read post]
20 Feb 2008, 7:56 pm
  The opinion clarified a remedy issue left open by a 1985 case, Massachusetts Mutual Life Insurance Company v. [read post]
9 Jul 2024, 1:52 pm by Eric Lockridge
The lower burn rate of a Subchapter V case, as compared to a regular Chapter 11 case, helps a debtor have enough cash to make payments on its secured debt through the life of the case. [read post]
17 Feb 2008, 5:00 pm
In a 122 page opus on ERISA law (download here), District Court Judge Mark Kravitz has issued a fascinating and thorough decision, Amara v. [read post]