Regardless of the cause, failing or failed companies create a unique set of issues, risks, and even opportunities for all involved.
CHICAGO, IL (PRWEB) February 26, 2016
Companies fail all the time, for all sorts of reasons. Some companies become distressed, or even insolvent, because of mismanagement; others because of fraud; others for myriad other reasons- some intrinsic to the company and some extrinsic.
Regardless of the cause, failing or failed companies create a unique set of issues, risks, and even opportunities for all involved. This area of law and finance has become so specialized that no fewer than five (American Bankruptcy Institute; Association of Insolvency & Restructuring Advisors; Commercial Law League of America; National Association of Federal Equity Receivers; Turnaround Management Association) national organizations exist to help those who specialize in the field to stay up to date on the latest developments, strategies, and tactics in the area.
Join some of the leading experts in World, from among the membership of these organizations, as they discuss, in plain English for the non-expert, the basics and the latest in Restructuring, Insolvency & Troubled Companies.
As with all Financial Poise™ webinars, each episode in the series is designed to be viewed independently of the other episodes, and listeners will enhance their knowledge of this area whether they attend one, some, or all of the programs.
Episode #2 of the series is "Opportunity Amidst Crisis-Buying Distressed Assets, Claims and Securities for Fun & Profit ,"(Register Here) Moderator Jonathan Friedland of Sugar Felsenthal Grais & Hammer will be joined by panelists Tom Salerno of Stinson Leonard Street, Howard Samuels of Rally Capital, Keith Owens of Venable and Laura Davis Jones of Pachulski Stang Ziehl & Jones.
Eddie Lampert bought Kmart out of bankruptcy. W.L. Ross made a fortune many times over buying steel and other companies out of bankruptcy. Hedge funds and other distressed debt traders buy and sell millions of dollars of distressed securities and bankruptcy claims every day. A number of private equity funds focus exclusively on buying distressed businesses, fixing, and selling them. And fortunes are made in real estate crashes by those who have the dry powder to swoop in and buy when others are forced to sell. This webinar explains how to loan to, or purchase the debt of, a company in order to acquire it (a strategy commonly called “loan to own”); how to learn about opportunities involving distressed companies; and tips and best practices for participating in bankruptcy, Article 9, and other sales of distressed businesses (including the concept of serving as the “stalking horse").
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Financial Poise™ provides unbiased news, continuing education, and intelligence to private business owners, executives, investors, and their trusted advisors. For more information contact Emily Goldin at egoldin(at)financialpoise(dot)com or 312-469-0135.