Teleconference

Weighing The Options: The Advantages and Disadvantages of 363 Asset Sales

Saturday, December 13 06:00 AM GMT to 06:00 AM GMT

As the recent economic downturn threatens increasing numbers of American businesses, it is expected that more companies will become distressed and look for ways to manage through these difficult times. Paul Hastings will hold a teleconference to address the options a distressed company may consider in the event it contemplates a sale of its assets. Our lawyers will explain such a sales advantages and disadvantages for distressed companies and potential purchasers.

This complimentary one-hour program is offered to clients and friends of Paul Hastings.

Key topics addressed during this teleconference include:

• Major differences between a section 363 sale and a non-bankruptcy asset sale

• The timeline of the section 363 process and bidding procedures

• Nuances for the seller, purchaser and credit-lender

Moderated by Carl SanchezPartner and Chair, Global Mergers & Acquisitions

Paul Hastings speakers will include:

Charles BakerPartner, Global Mergers & Acquisitions

Richard ChesleyPartner, Finance and Restructuring

Luc DespinsPartner, Finance and Restructuring

For more information, contact Theresa Cisneros at theresacisneros@paulhastings.com or 213-683-5061

CLE Qualifications:Paul, Hastings, Janofsky & Walker LLP is a State Bar of California, a State Bar of New York, a State Bar of Georgia and State of Illinois approved CLE provider and certifies that this activity is eligible for 1.0 hour of general credit in California, Georgia and Illinois and 1.0 hour of practice credit in New York.