Series 79: Debtor In Possession (DIP)

Taken from our Series 79 Top-off Online Guide

Debtor in Possession (DIP)

In a typical Chapter 11 bankruptcy, the DIP continues to operate the business, and functions essentially in the role of a trustee. The DIP’s duties include the duty to disclose its finances and business

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Solomon Exam Prep Study Materials for the Series 79
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