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Topic

Backstop Commitments

2 published works

  1. FinTalk

    Backstops Survive Another Challenge

    By Frederick (Rick) Hyman

    Backstop commitments have become commonplace in large corporate bankruptcy cases – they provide certainty to the debtor that it will have the funds needed to satisfy its obligations to creditors…

  2. ComplexDiscovery

    A Pivotal (and KLD) Announcement: $150 Million Backstop Commitment and Stockholder Meeting Date

    By Rob Robinson

    Press Announcement Pivotal Acquisition Corp. Announces $150 Million Backstop Commitment from MGG Investment Group and Stockholder Meeting Date of December 12, 2019 MGG Investment Group, LP agrees to provide $150…