Bankruptcy

Legalist’s bankruptcy strategy invests in Chapter 11 debtor-in-possession (DIP) opportunities.

Bankruptcy

Since 2020, Legalist’s bankruptcy funds have focused on using technology to invest in debtor-in-possession (DIP) opportunities in mid-market Chapter 11 bankruptcies. We lend on a senior secured basis against real assets to help fund the bankruptcy process.

DIP financing is a type of financing for companies in financial distress during a Chapter 11 restructuring or liquidation. Our funds focus on short duration credit opportunities sourced using our proprietary investment technology.

Investment Team

Cindy Chen Delano

Cindy Chen Delano

Credit & Structuring

Heather Davey

Heather Davey

Investment Manager

Remy Cipriano

Remy Cipriano

DIP Underwriting Lead