- Shopping Bag ( 0 items )
Pessimists see distressed M&A . . .
Optimists see distressed M&A
Opportunities abound in “bankruptcy beauties”—both in good times and bad. Distressed mergers and acquisitions used to be the domain of a handful of specialists, who generated handsome profits by unlocking value in troubled companies. Now, you can learn the secrets for participating in these deals with knowledge and confidence. The Art of Distressed M&A provides the critical information needed to manage the unique complexities of buying, selling, and financing troubled companies.
The Art of Distressed M&A arms you with creative solutions to seemingly impossible problems and helps you to avoid common pitfalls. This comprehensive guide enables you to:
The Art of Distressed M&A also highlights practical examples using recent bankruptcy cases following the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 and is the first publication of its kind since The Dodd–Frank Wall Street Reform and Consumer Protection Act of 2010.
Section 1 The Big Picture 1
Chapter 1 Business Failures 3
Chapter 2 Alternatives for Distressed Companies 31
Chapter 3 Trends in Distressed M&A and Investing 67
Section 2 The Bankruptcy Players 97
Chapter 4 A Debtor and Creditor Overview 99
Chapter 5 Secured Creditors 127
Chapter 6 Unsecured Creditors 151
Chapter 7 Advisors and Other Parties 173
Section 3 Avoiding Common Pitfalls 211
Chapter 8 Accounting for Workouts: TDRs, Extinguishments, and Modifications 213
Chapter 9 Accounting for Bankruptcy: NOLs and Fresh Start Reporting 235
Chapter 10 Mitigating Legal Risks in Distressed M&A: Fiduciary Duties, Antitrust, and Fraudulent Transfers 269
Section 4 Deal Structures That Work 303
Chapter 11 Principles of Distressed Company Valuation 305
Chapter 12 Distressed M&A Strategy: The Plan of Reorganization 333
Chapter 13 Distressed M&A Strategy: 363 Sales and Loan-to-Own Transactions 373
Chapter 14 Distressed M&A Strategy: Financing and Refinancing Considerations 403