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Mega-sized DIP Fund Is Tapped - CFO.com
Bankrupt Lyondell Chemical has received court permission to tap more than $2 billion in interim debtor-in-possession financing and a "super emergency" $100 million loan to avoid liquidation, Bloomberg reported. It is Lyondell's first step toward ...

VeraSun Energy receives final bankruptcy court approval for debtor-in ... - High Plains Journal
VeraSun Energy Corporation announced that the U.S. Bankruptcy Court has entered orders granting final approval for debtor-in-possession financing totaling $196.6 million, including $93.6 million of incremental financing, $25 million of which was ...

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Today's Mortgage Terms starting with U

  • Underwriting: It is the process of quantifying the risks involved in a specific loan and setting suitable terms and conditions for a mortgage.
  • URLA: Uniform residential loan application.
  • Usury: Interest charged in excess of the legal rate as established by law.

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