Beware of the ABL Trap: The Challenges of Retail Chapter 11 Debtors ...

08/30/17


Beware of the ABL Trap: The Challenges of Retail Chapter 11 Debtors and Asset Based Lending
JD Supra (press release)
An asset based loan (“ABL”) is often the financing of choice for retail borrowers – and for good reason. In its simplest form, an ABL is a credit facility, usually in the form of a revolving line of credit, the availability of which is based ...

[more]