Debtor-in-Possession (DIP), Exit Financings & Loan Restructurings
Bankruptcy & Restructuing
Structuring and Negotiating Financing to Support Business Continuity and Recovery
WH Burkley advises borrowers, lenders, investors, and other stakeholders on debtor-in-possession (DIP) financings, exit financings, and loan restructuring transactions. We provide practical, business-focused counsel to help clients secure liquidity, stabilize operations, and position businesses for long-term recovery and growth.
Financing transactions in distressed and transitional situations often require balancing competing stakeholder interests, operational realities, and restructuring objectives. Our attorneys work closely with clients to structure financing solutions that support business continuity while protecting value and managing risk.
Debtor-in-Possession (DIP) Financings
• Structuring and negotiating DIP credit facilities
• Advising borrowers, lenders, and investors in Chapter 11 proceedings
• Negotiating financing terms, collateral provisions, and adequate protection arrangements
• Coordinating financing strategies with broader restructuring objectives
Exit Financings
• Structuring financing to support emergence from Chapter 11
• Refinancing existing debt obligations
• Negotiating credit facilities and capital structures
• Coordinating financing transactions with confirmed plans of reorganization
Loan Restructurings & Workouts
• Debt restructuring and modification agreements
• Maturity extensions, covenant modifications, and forbearance arrangements
• Out-of-court workout negotiations
• Evaluation of restructuring alternatives and recovery strategies
Distressed Financing Transactions
• Acquisition and bridge financing in distressed situations
• Rescue financing and special situations lending
• Intercreditor and priority-related matters
• Capital structure analysis and optimization
Stakeholder Negotiations
• Borrower and lender negotiations
• Coordination with creditors, investors, and financial advisors
• Resolution of financing-related disputes
• Alignment of financing solutions with operational and restructuring objectives
Our Approach
- Align financing strategies with each client’s restructuring, recovery, and long-term business objectives
- Evaluate liquidity needs, capital structures, and available financing alternatives
- Coordinate across legal, financial, operational, and stakeholder considerations
- Focus on preserving value, maintaining business continuity, and supporting successful outcomes
- Prioritize responsiveness, clear communication, and efficient execution
Why WH Burkley
• Experience in DIP financings, exit financings, and complex restructuring transactions
• Practical understanding of borrowing, lending, and distressed investment strategies
• Ability to structure financing solutions that align stakeholder interests and business objectives
• Integration with bankruptcy, finance, litigation, corporate, and creditors’ rights capabilities
• Responsive, partner-level service focused on execution and results
Recognition
Best Law Firms | Cleveland
- Band 1 – Litigation – Bankruptcy
- Band 1 – Bankruptcy and Creditor Debtor Rights / Insolvency and Reorganization Law
- Band 1 – Banking and Finance Law
- Band 1 – Commercial Transactions / UCC Law
Best Law Firms | Pittsburgh
- Band 1 – Litigation – Bankruptcy
- Band 1 – Bankruptcy and Creditor Debtor Rights / Insolvency and Reorganization Law
- Band 2 – Litigation – Commercial
Best Law Firms | US
- Band 2 – Banking and Finance Law
- Band 2 – Litigation – Bankruptcy
- Band 2 – Bankruptcy and Creditor Debtor Rights / Insolvency and Reorganization Law
*Certain recognitions displayed on this page were earned prior to the formation of WH Burkley LLP and may reflect the accomplishments of our legacy firms, Walter Haverfield LLP and Bernstein-Burkley, P.C.