What is debtor-in-possession financing-How is it that someone would actually lend to a bankrupt company?!?

Toys R Us 2 The ramp-up to the 2017 holiday season proved to be Toys R Us’ undoing, as suppliers became increasingly concerned about the company’s ability to pay its bills. The company filed for bankruptcy protection on September 18, 2017. A few questions for consideration: Path to Bankruptcy: – Why was Q4 generally so […]