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Borrowers Chapter 9

Greenberg Glusker LLP

Beware of the ABL Trap: The Challenges of Retail Chapter 11 Debtors and Asset Based Lending

Greenberg Glusker LLP on

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...more

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