by Ben Feder
Some legal commentators have lamented the extent to which
have been able to use debtor in possession ("DIP") financing arrangements to
gain control over an entire Chapter 11 case. DIP lenders have usually
been able to justify aggressive provisions, and courts have...
In this Emerging Issues commentary, Michael J. Edelman and Douglas J. Lipke discuss practice tips to help attorneys who are representing airline-debtors. The goal is to form strategies that maximize aircraft financing savings in a reorganization under Chapter 11. They write: