Buying And Selling Distressed Companies

Author : Michael Teng
Publisher : Createspace Independent Publishing Platform
Page : 100 pages
File Size : 46,9 Mb
Release : 2014-07-28
Category : Business & Economics
ISBN : 1500662844

Get Book

Buying and Selling of Distressed Companies by Michael Teng Pdf

Why would anyone want to invest in a company that has declared or is near bankruptcy? Most people would not want to touch such a stock but there are many who specialize in this very field.Distressed securities are the securities such as stocks, bonds, other financial claims of a company that is close to or has reached financial distress. If a company has filed for bankruptcy, it is under financial distress. This category also includes bank debt and non-performing loans. They fail to make regular interest or principal payments, and they trade at yields higher than those of similar dated Treasuries. Who would want to invest here? Once their financial distress becomes evident, there is lot of panic selling and these then trade at deep discounts. At this stage, they present an attractive opportunity to anyone who has analysed their true worth. In recent years, private firms such as hedge funds, private equity firms have been among the largest buyers of distressed securities. They hold the securities until they have appreciated, and then sell them. This book examines the fundamental issues in relating to buying and selling of distressed companies. It is a sequel to the first highly successful book by the same author: Fundamentals of buying and selling companies.

Author : H. Peter Nesvold,Jeffrey Anapolsky,Alexandra Reed Lajoux
Publisher : McGraw Hill Professional
Page : 400 pages
File Size : 48,5 Mb
Release : 2010-12-17
Category : Business & Economics
ISBN : 9780071750301

Get Book

The Art of Distressed M&A: Buying, Selling, and Financing Troubled and Insolvent Companies by H. Peter Nesvold,Jeffrey Anapolsky,Alexandra Reed Lajoux Pdf

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: Understand the roles, rights, and responsibilities of debtors, secured creditors, unsecured creditors, advisors, trustees, and bankruptcy courts Navigate through complicated valuation, financing, legal, accounting, and tax issues Communicate effectively and make informed proposals in multiparty negotiations Create the optimal deal structure—from prepackaged plans of reorganization to 363 sales to loan-to-own transactions 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.

Author : Anonim
Publisher : Aspatore Books
Page : 350 pages
File Size : 49,6 Mb
Release : 2010
Category : Law
ISBN : 0314270922

Get Book

Buying and Selling Distressed Businesses by Anonim Pdf

Buying and Selling Distressed Businesses provides an authoritative, insiders perspective on best practices for engaging in distressed business sales in the wake of the global economic recession. Featuring partners from some of the nations leading law firms, this book guides the reader through the latest trends in distressed business deals and examines why companies are selling now, which industries sectors are active, and the current risks and opportunities involved. From Philadelphia Newspapers and General Growth Properties to General Motors and Chrysler, these top lawyers analyze significant recent cases and how they are continuing to impact todays deal strategies. They evaluate the latest tactics for approaching distressed business transactions for both buyers and sellers and reveal proven guidance for structuring sales, negotiating terms, and navigating the sale and action process. In addition, these leaders discuss avoiding common errors, working effectively with clients, and adapting to a clients changing objectives and investment goals. The different niches represented and the breadth of perspectives presented enable readers to get inside some of the great legal minds of today, as these experienced lawyers offer up their thoughts on the keys to success within this ever-evolving field.

Author : Dr Michael Teng
Publisher : Corporate Turnaround Centre Pte Limited
Page : 124 pages
File Size : 45,6 Mb
Release : 2014-04-02
Category : Business & Economics
ISBN : 9810795572

Get Book

Buying and Selling of Distressed Companies (Mandarin Version) by Dr Michael Teng Pdf

Why would anyone want to invest in a company that has declared or is near bankruptcy? Most people would not want to touch such a stock but there are many who specialize in this very field. Distressed securities are the securities such as stocks, bonds, other financial claims of a company that is close to or has reached financial distress. If a company has filed for bankruptcy, it is under financial distress. This category also includes bank debt and non-performing loans. They fail to make regular interest or principal payments, and they trade at yields higher than those of similar dated Treasuries. Who would want to invest here? Once their financial distress becomes evident, there is lot of panic selling and these then trade at deep discounts. At this stage, they present an attractive opportunity to anyone who has analysed their true worth. In recent years, private firms such as hedge funds, private equity firms have been among the largest buyers of distressed securities. They hold the securities until they have appreciated, and then sell them. This book examines the fundamental issues in relating to buying and selling of distressed companies. It is a sequel to the first highly successful book by the same author: Fundamentals of buying and selling companies.

Author : Ben Branch,Hugh Ray
Publisher : Beard Books
Page : 326 pages
File Size : 48,9 Mb
Release : 2007-02
Category : Business & Economics
ISBN : 9781587982910

Get Book

Bankruptcy Investing - How to Profit from Distressed Companies by Ben Branch,Hugh Ray Pdf

This topical and easily understood handbook explains how bankruptcy can affect a corporation and its capital structure and how investors can profit from the corporate bankruptcy process.

Author : Stephen G. Moyer
Publisher : J. Ross Publishing
Page : 387 pages
File Size : 55,7 Mb
Release : 2004-11-15
Category : Business & Economics
ISBN : 9781932159189

Get Book

Distressed Debt Analysis by Stephen G. Moyer Pdf

Providing theoretical and practical insight, this book presents a conceptual, but not overly technical, outline of the financial and bankruptcy law context in which restructurings take place. The author uses numerous real- world examples to demonstrate concepts and critical issues. Readers will understand the chess-like, multi- move strategies necessary to achieve financially advantageous results.

Author : Jeremy Harbour
Publisher : Morgan James Publishing
Page : 149 pages
File Size : 54,6 Mb
Release : 2020-12-08
Category : Business & Economics
ISBN : 9781631952944

Get Book

Go Do Deals by Jeremy Harbour Pdf

Go Do Deals provides entrepreneurs with a practical method to source and buy companies without having capital and without borrowing lots of money. For those who are ready to take the next step on the entrepreneurial ladder and make the shift from customer to shareholder value creation, Go Do Deals shows them how to: Bypass the brokers and find businesses that are NOT for sale Find, approach, and have positive conversations with potential sellers Structure deals so that they do not need to contribute cash upfront Choose the right deals and avoid buying themselves a job Know the best time to exit or sell their business Buying a company can double one’s business in an afternoon, free them from the treadmill of staff and customers, and avoid the blood, sweat, and years of start-up pain. It’s time to Go Do Deals.

Author : West Group
Publisher : Aspatore Books
Page : 164 pages
File Size : 44,6 Mb
Release : 2011-12
Category : Law
ISBN : 0314280197

Get Book

Buying and Selling Distressed Businesses 2012 by West Group Pdf

Buying and Selling Distressed Businesses provides an authoritative, insiders perspective on best practices for purchasing and selling the assets of a debtor in a Chapter 11 case under Section 363 of the Bankruptcy Code. Featuring partners from some of the nations leading law firms, this book guides the reader through how the Chapter 11 practice is changing, the factors driving these changes, and what it means for the sale of distressed businesses. From analyzing buyer objectives and preparing for the negotiation process to managing successor liability risk and working with the bankruptcy court, these top lawyers give tips on assisting clients during the bankruptcy acquisitions process and avoiding common mistakes. Additionally, these leaders discuss recent notable distressed business sales, the strategies involved, and what clients and counsel can learn from these deals. The different niches represented and the breadth of perspectives presented enable readers to get inside some of the great legal minds of today, as these experienced lawyers offer up their thoughts on the keys to success within this competitive field.

Author : Edward I. Altman,Edith Hotchkiss
Publisher : John Wiley & Sons
Page : 314 pages
File Size : 40,7 Mb
Release : 2010-03-11
Category : Business & Economics
ISBN : 9781118046043

Get Book

Corporate Financial Distress and Bankruptcy by Edward I. Altman,Edith Hotchkiss Pdf

A comprehensive look at the enormous growth and evolution of distressed debt, corporate bankruptcy, and credit risk default This Third Edition of the most authoritative finance book on the topic updates and expands its discussion of corporate distress and bankruptcy, as well as the related markets dealing with high-yield and distressed debt, and offers state-of-the-art analysis and research on the costs of bankruptcy, credit default prediction, the post-emergence period performance of bankrupt firms, and more.

Author : Henry Furlow Owsley,Peter S. Kaufman
Publisher : Beard Books
Page : 236 pages
File Size : 46,7 Mb
Release : 2005
Category : Business & Economics
ISBN : 9781587982675

Get Book

Distressed Investment Banking by Henry Furlow Owsley,Peter S. Kaufman Pdf

The definitive work on the role of the investment banker in a troubled company situation.

Author : Edward I. Altman
Publisher : Beard Books
Page : 252 pages
File Size : 55,7 Mb
Release : 1999
Category : Business & Economics
ISBN : 1893122042

Get Book

Distressed Securities by Edward I. Altman Pdf

Author : Stuart C. Gilson
Publisher : John Wiley & Sons
Page : 852 pages
File Size : 41,9 Mb
Release : 2010-04-05
Category : Business & Economics
ISBN : 9780470503522

Get Book

Creating Value Through Corporate Restructuring by Stuart C. Gilson Pdf

An updated look at how corporate restructuring really works Stuart Gilson is one of the leading corporate restructuring experts in the United States, teaching thousands of students and consulting with numerous companies. Now, in the second edition of this bestselling book, Gilson returns to present new insight into corporate restructuring. Through real-world case studies that involve some of the most prominent restructurings of the last ten years, and highlighting the increased role of hedge funds in distressed investing, you'll develop a better sense of the restructuring process and how it can truly create value. In addition to "classic" buyout and structuring case studies, this second edition includes coverage of Delphi, General Motors, the Finova Group and Warren Buffett, Kmart and Sears, Adelphia Communications, Seagate Technology, Dupont-Conoco, and even the Eurotunnel debt restructuring. Covers corporate bankruptcy reorganization, debt workouts, "vulture" investing, equity spin-offs, asset divestitures, and much more Addresses the effect of employee layoffs and corporate downsizing Examines how companies allocate value and when a corporation should "pull the trigger" From hedge funds to financial fraud to subprime busts, this second edition offers a rare look at some of the most innovative and controversial restructurings ever.

Author : Alberta Law Reform Institute
Publisher : Unknown
Page : 54 pages
File Size : 43,5 Mb
Release : 1990
Category : Law
ISBN : STANFORD:36105044273022

Get Book

The Bulk Sales Act by Alberta Law Reform Institute Pdf

This report describes the Act and states the reasons for our conclusion that the Act should be repealed. It also contains the text of the Act, describes the survey conducted of members of the legal profession regarding their views on the Act, and summarizes the most frequently expressed reasons for retaining the Act, and states why it was concluded that those reasons were overborne by those in favour of repeal. Finally, it describes some approaches that could be taken to reforming rather than repealing the Act.

Author : Bobby Guy
Publisher : Freneticmarket Press
Page : 178 pages
File Size : 46,9 Mb
Release : 2011-05
Category : Business & Economics
ISBN : 0578083698

Get Book

Distress to Success by Bobby Guy Pdf

DISTRESS TO SUCCESS A Survival Handbook for Struggling Businesses and Buyers of Distressed Opportunities

Author : Anonim
Publisher : Thomson West
Page : 450 pages
File Size : 41,8 Mb
Release : 2009
Category : Business & Economics
ISBN : 0314207856

Get Book

Buying and Selling Distressed Businesses by Anonim Pdf

Buying and Selling Distressed Businesses is an authoritative, insiders perspective on key strategies for transactions involving distressed businesses both before and after a bankruptcy filing. Featuring partners from some of the nations leading law firms, these experts guide the reader through the advantages and disadvantages of various types of transactions from the perspective of both the buyer and seller. These top lawyers offer tips on determining readiness to sell, undertaking appropriate due diligence, and effectively negotiating in todays economic climate. Additionally, these authors highlight the most common pitfalls for distressed company officers and directors, including a discussion of illustrative cases such as Bridgeport Holdings and The Brown Schools, and practical steps that can be undertaken to mitigate potential risks. The different niches represented and the breadth of perspectives presented enable readers to get inside some of the great legal minds of today, as these experienced lawyers offer up their thoughts around the keys to navigating this ever-evolving area of law.