DIP Financing: Structuring Roll-Overs, Cross-Collateralization, Priming Liens, Junior DIP Financing, and More
Recording of a 90-minute CLE video webinar with Q&A
This CLE course will discuss challenging issues in debtor-in-possession (DIP) financing that are most often the subject of contentious negotiations between DIP lenders and other secured creditors, as well as the subject of intense scrutiny by bankruptcy judges.
Outline
- Rollover of pre-petition secured debt
- Cross-collateralization
- Priming liens
- Liens or super-priority claims on avoidance actions
- Releases and waivers of challenges to liens and other future borrowings
- Section 506(c) waivers
- Junior DIP financing
- "Carve-out" for professional fees
- ABI Commission recommendations for reforms impacting DIP financing
Benefits
The panel will review these and other key issues:
- What must counsel consider in evaluating defensive vs. offensive DIP loans?
- How does the debtor seeking a priming lien convince the existing lender to consent or convince the court that the current lender's lien is adequately protected?
- How do bankruptcy courts treat releases of pre-petition secured lenders?
Faculty

Eric W. Anderson
Partner
Parker Hudson Rainer & Dobbs
Mr. Anderson concentrates his practice in bankruptcy, workouts, financial restructuring and commercial finance. He... | Read More
Mr. Anderson concentrates his practice in bankruptcy, workouts, financial restructuring and commercial finance. He regularly represents banks, financial institutions, secured asset-based lenders, investors, trustees, debtors-in-possession, and other parties in bankruptcy and financial restructuring matters. This includes representation in workouts and restructuring matters both in and out of bankruptcy.
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Douglas J. Lipke
Shareholder
Vedder Price
Mr. Lipke is Co-Chair of the firm’s Insolvency, Bankruptcy and Corporate Reorganization Group. He concentrates... | Read More
Mr. Lipke is Co-Chair of the firm’s Insolvency, Bankruptcy and Corporate Reorganization Group. He concentrates his practice in the area of workout, bankruptcy and corporate reorganization law. Mr. Lipke represents a full range of international clients, concentrating in the representation of secured lenders and creditor rights. He also represents debtors, trustees and creditors’ committees.
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