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Court Approves Diamond's Fifth Stipulation with JPMorgan Chase Extending the Maturity Date - Graphic Policy
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Court Approves Diamond's Fifth Stipulation with JPMorgan Chase Extending the Maturity Date - Graphic Policy
The post Court Approves Diamond’s Fifth Stipulation with JPMorgan Chase Extending the Maturity Date appeared first on Graphic Policy. During Diamond‘s Chapter 11, they have taken a line of credit from JPMorgan Chase to keep the lights on, known as a DIP (Debtors in Possession) Credit Agreement. This agreement has been changed and amended multiple times so far with the “fifth stipulation” now approved by the court. This matters because it impact…
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