Acquisitions of Businesses in Distressed Situations
As the current pandemic and resulting economic crisis threatens an increasing numbers of American businesses, it is expected that more companies will become distressed and look for ways to manage through these difficult times.
Key topics addressed during this teleconference included:
Major differences between an acquisition inside and outside of a bankruptcy process
Statutory and judicial processes that a purchaser and seller may utilize themselves outside of the bankruptcy court
Nuances, benefits and pitfalls for participants in a change of control process under these statutory and judicial processes