article thumbnail

Accounting Information and Risk Shifting with Asymmetrically Informed Creditors

Harvard Corporate Governance

In a forthcoming article in the Journal of Accounting and Economics , we study the consequences of accounting quality for debt contracting when banks compete to extend loans.

Banking 113
article thumbnail

Weekly Roundup: January 26-February 1, 2024

Harvard Corporate Governance

Huber, Latham & Watkins LLP, on Tuesday, January 30, 2024 Tags: enforcement , ESG , Greenwashing , litigation , regulation , Stakeholders , Value chain Accounting Information and Risk Shifting with Asymmetrically Informed Creditors Posted by Tim Baldenius (Columbia University), Mingcherng Deng (City University of New York), and Jing Li (Hong Kong (..)

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How Revenue-Based Financing and Venture Capital Work Together

Lighter Capital

As non-dilutive funding solutions attract more interest from SaaS entrepreneurs, venture capital (VC) investors are seeing an increasing number of startups who have used them for their growth and working capital needs, many times combining revenue-based financing (RBF) with a term loan, or other types of debt financing.

Finance 98
article thumbnail

Good Debt vs. Bad Debt: Know the Difference to Fund Your Startup Wisely

Lighter Capital

Just as with a credit card or a home mortgage, a bit of fiscal knowledge will help you avoid unscrupulous lenders and manage debt without drowning in it. Lighter Capital has more than a decade of experience helping tech startups grow successfully with non-dilutive debt financing. 3 Ways Debt Can Sink Your Startup 1.

article thumbnail

SBA Loan for Business Purposes

Peak Business Valuation

To finance these activities, you can sell equity ownership or take on debt. For more information, see Debt vs. Equity Financing. These documents help the lender verify your business and personal information. You may need cash to hire new employees or purchase more inventory. Both methods have their benefits.

article thumbnail

STG Completes Acquisition of Avid Technology

Benzinga

Sixth Street Partners and Silver Point provided debt financing in support of the transaction. Rothschild & Co. served as financial advisor to STG, and Paul Hastings LLP served as legal counsel to STG.

article thumbnail

Have Your Cake, and Closing Too: Invoking Prevention Doctrine, Delaware Chancery Court Grants Seller’s Request for Specific Performance in COVID-Related M&A Dispute

Cooley M&A

In reaching this order, the court applied the prevention doctrine, finding that the unavailability of buyer’s debt financing did not permit buyer to circumvent its obligation to close because buyer materially contributed to the debt financing being unavailable.