Buying a Distressed Business: Bankruptcy and Other Options
Each investor in troubled assets faces a different set of transaction options. For some targets a Chapter 11 bankruptcy may be the best course, but bankruptcy may not be the best option for every deal. How should investors approach a distressed transaction in 2009? When should an investor consider using the bankruptcy process and when are out-of-court options more effective? The bankruptcy option as well as out-of-court sales, loan-to-own strategies and debt acquisitions will be discussed. The program focused on the concerns of principals of private equity funds, hedge funds and mezzanine funds, corporate in-house counsels, and M&A and workout professionals.