Topic
Backstop Commitments
2 published works
FinTalk
Backstops Survive Another Challenge
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…
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…