HERE is a summary from Osler of the facts and issues on the Ontario Court of Appeal having upheld DIP financing arrangements in the Crystallex case.

The ruling highlights the broad flexibility available with respect to the structure of the interim financing, possibly to the detriment of existing creditors.

Posted by Scott Sinclair, Range Corporate Advisors

Range Corporate Advisors provides multidisciplinary solutions to medium and small business requiring transitional, transactional or management assistance.