Scott Schreiber Published in ABL Advisor
Scott N. Schreiber, Co-Chair of Clark Hill’s Corporate Restructuring and Bankruptcy Practice Group, was recently published in ABL Advisor’s online publication. The article, “Purchase Order Financing to the Debtor in Possession,” co-written by Gary Edidin of Franklin Capital Holding LLC, delivers a refined discourse on Purchase Order Financing (PO Financing) to a Chapter 11 debtor. The article dives into the processes, obstacles, and benefits of providing PO Financing to a Debtor in Possession and provides useful solutions for legal hurdles.
“The challenge for many PO Lenders is navigating the several legal hoops that one must go through to make PO Financing to a Chapter 11 Debtor in Possession mutually beneficial,” Schreiber said.
Scott N. Schreiber is Co-Chair of the firm’s Corporate Restructuring and Bankruptcy Practice Group. He has served as lead counsel to business debtors, creditors, creditors’ committees and equity holders in a wide range of bankruptcy matters, including domestic and international bankruptcy and insolvency proceedings, and out-of-court workouts.
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