LogoInsolvency Insider Canada
TOPICS
TOPICS

Assets for sale

Commercial List Users' Committee

Court cases

Creditor notices

Events

Firm News

Insights

Interviews

Open Positions

Recent filings

FILING DATABASE
DOCUMENT LIBRARY
AWARDS
EVENTS
DIRECTORY
Search
SUBSCRIBE
paper-plane-tilt
LogoInsolvency Insider Canada
  • Home
  • Posts
  • Distressed Firms Have a New Controversial Way to Get Rescue Cash

Distressed Firms Have a New Controversial Way to Get Rescue Cash

Insolvency Insider
Insolvency Insider

Nov 3, 2023

Distressed Firms Have a New Controversial Way to Get Rescue Cash

Michael Tobin of Bloomberg News reveals that a new complex maneuver known as a “double dip” – which involves a debt issuance out of an empty subsidiary, a guarantee by the parent and an intercompany loan of the proceeds to the parent – is likely to gain steam as firms grapple with maturity walls and weaker earnings.

Read more.

Canada’s insolvency news, in your inbox.

Join 15,000+ readers.

Keep Reading

View more
caret-right

UPCOMING EVENTS

Distressed Private Capital Conference - November 12, 2026

Distressed Private Capital Conference - November 12, 2026

Future Leaders Conference 2026

Future Leaders Conference 2026

Distressed Real Estate Conference - October 21, 2026

Distressed Real Estate Conference - October 21, 2026

LATEST STORIES

Trademarks and Brand Names for Sale – Ruscan Chem Inc. and Associated Entities (In Receivership)

Trademarks and Brand Names for Sale – Ruscan Chem Inc. and Associated Entities (In Receivership)

Palisade Apartments located in the Lower Mission (Pandosy Village) neighbourhood in Kelowna, BC

Palisade Apartments located in the Lower Mission (Pandosy Village) neighbourhood in Kelowna, BC

CCAA stay cannot revive expired lease

CCAA stay cannot revive expired lease

NOTICE OF SALE AND INVESTMENT SOLICITATION PROCESS - LAKEPOINT VILLAGE LAND LEASE COMMUNITY, TOWNSHIP OF RAMARA, ONTARIO

NOTICE OF SALE AND INVESTMENT SOLICITATION PROCESS - LAKEPOINT VILLAGE LAND LEASE COMMUNITY, TOWNSHIP OF RAMARA, ONTARIO

Insolvency Insider Canada

Insolvency Insider Canada

Essential Canadian insolvency news, trends and legal updates

EXPLORE

About Us / Contact

Advertise