The Art of Distressed M&A: Buying, Selling, and Financing Troubled and Insolvent Companies

Download The Art of Distressed M&A: Buying, Selling, and Financing Troubled and Insolvent Companies PDF Online Free

Author :
Publisher : McGraw Hill Professional
ISBN 13 : 0071750304
Total Pages : 400 pages
Book Rating : 4.0/5 (717 download)

DOWNLOAD NOW!


Book Synopsis The Art of Distressed M&A: Buying, Selling, and Financing Troubled and Insolvent Companies by : H. Peter Nesvold

Download or read book The Art of Distressed M&A: Buying, Selling, and Financing Troubled and Insolvent Companies written by H. Peter Nesvold and published by McGraw Hill Professional. This book was released on 2010-12-17 with total page 400 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

The Art of Distressed M&a (PB)

Download The Art of Distressed M&a (PB) PDF Online Free

Author :
Publisher : McGraw-Hill Companies
ISBN 13 : 9781265922344
Total Pages : 0 pages
Book Rating : 4.9/5 (223 download)

DOWNLOAD NOW!


Book Synopsis The Art of Distressed M&a (PB) by : H. Peter Nesvold

Download or read book The Art of Distressed M&a (PB) written by H. Peter Nesvold and published by McGraw-Hill Companies. This book was released on 2023-06-20 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Distress Investing

Download Distress Investing PDF Online Free

Author :
Publisher : John Wiley & Sons
ISBN 13 : 0470117672
Total Pages : 277 pages
Book Rating : 4.4/5 (71 download)

DOWNLOAD NOW!


Book Synopsis Distress Investing by : Martin J. Whitman

Download or read book Distress Investing written by Martin J. Whitman and published by John Wiley & Sons. This book was released on 2009-04-13 with total page 277 pages. Available in PDF, EPUB and Kindle. Book excerpt: Financial innovation, new laws and regulations, and the financial meltdown of 2007–2008 are just a few of the forces that have shaped, and continue to shape, today's distress investment environment. Combine this with the fact that the discipline of distress investing doesn't always follow what conventional wisdom says, and you can see why it is one of the most challenging areas in finance. Nobody understands this better than Martin Whitman—the legendary founder of Third Avenue Management LLC and a pioneer in the field of distressed markets—and leading academic Dr. Fernando Diz of Syracuse University. That's why they decided to write Distress Investing. As an outgrowth of annual distress and value investing seminars the two have taught together at Syracuse University's Martin J. Whitman School of Management, this reliable resource will help you gain a better understanding of the essential principles and techniques associated with distress investing and show you how to effectively apply them in the real world. Divided into four comprehensive parts—the General Landscape of Distress Investing, Restructuring Troubled Issuers, the Investment Process, and Cases and Implications for Public Policy—this book comprehensively covers the practice of buy-and-hold investing in distressed credits, whether it be performing loans or the reinstated issues of a reorganized issuer. From the recent changes to U.S. bankruptcy code and creditor rights to cash bailouts, you'll quickly learn how to analyze distressed situations such as pricing issues, arbitrage opportunities, tax disadvantages, and the reorganization of funding plans. Along the way, case studies of both large and small distress investing deals—from Kmart to Home Products International—will give you a better perspective of the business. Critical topics addressed throughout these pages include: Chapter 11 bankruptcy and why it's not considered an ending, but rather a beginning when it comes to distress investing The "Five Basic Truths" of distress investing The difficulty of due diligence for distressed issues Distress investing risks—from reorganization risk to risk associated with the alteration of priority of payments in bankruptcy Valuing companies by both going concern as well as their resource conversion attributes In today's turbulent economic environment, distress investing presents some enticing opportunities. Put yourself in a better position to excel at this endeavor with Distress Investing as your guide.

Bankruptcy Investing - How to Profit from Distressed Companies

Download Bankruptcy Investing - How to Profit from Distressed Companies PDF Online Free

Author :
Publisher : Beard Books
ISBN 13 : 1587982919
Total Pages : 326 pages
Book Rating : 4.5/5 (879 download)

DOWNLOAD NOW!


Book Synopsis Bankruptcy Investing - How to Profit from Distressed Companies by : Ben Branch

Download or read book Bankruptcy Investing - How to Profit from Distressed Companies written by Ben Branch and published by Beard Books. This book was released on 2007-02 with total page 326 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Buying and Selling Distressed Businesses 2012

Download Buying and Selling Distressed Businesses 2012 PDF Online Free

Author :
Publisher : Aspatore Books
ISBN 13 : 9780314280190
Total Pages : 164 pages
Book Rating : 4.2/5 (81 download)

DOWNLOAD NOW!


Book Synopsis Buying and Selling Distressed Businesses 2012 by : West Group

Download or read book Buying and Selling Distressed Businesses 2012 written by West Group and published by Aspatore Books. This book was released on 2011-12 with total page 164 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Corporate Financial Distress, Restructuring, and Bankruptcy

Download Corporate Financial Distress, Restructuring, and Bankruptcy PDF Online Free

Author :
Publisher : John Wiley & Sons
ISBN 13 : 1119481813
Total Pages : 368 pages
Book Rating : 4.1/5 (194 download)

DOWNLOAD NOW!


Book Synopsis Corporate Financial Distress, Restructuring, and Bankruptcy by : Edward I. Altman

Download or read book Corporate Financial Distress, Restructuring, and Bankruptcy written by Edward I. Altman and published by John Wiley & Sons. This book was released on 2019-02-27 with total page 368 pages. Available in PDF, EPUB and Kindle. Book excerpt: A comprehensive look at the enormous growth and evolution of distressed debt markets, corporate bankruptcy, and credit risk models This Fourth Edition of the most authoritative finance book on the topic updates and expands its discussion of financial distress and bankruptcy, as well as the related topics dealing with leveraged finance, high-yield, and distressed debt markets. It offers state-of-the-art analysis and research on U.S. and international restructurings, applications of distress prediction models in financial and managerial markets, bankruptcy costs, restructuring outcomes, and more.

Distressed Investment Banking

Download Distressed Investment Banking PDF Online Free

Author :
Publisher : Beard Books
ISBN 13 : 1587982676
Total Pages : 236 pages
Book Rating : 4.5/5 (879 download)

DOWNLOAD NOW!


Book Synopsis Distressed Investment Banking by : Henry Furlow Owsley

Download or read book Distressed Investment Banking written by Henry Furlow Owsley and published by Beard Books. This book was released on 2005 with total page 236 pages. Available in PDF, EPUB and Kindle. Book excerpt: The definitive work on the role of the investment banker in a troubled company situation.

The Art of Vulture Investing

Download The Art of Vulture Investing PDF Online Free

Author :
Publisher : John Wiley & Sons
ISBN 13 : 1118234731
Total Pages : 230 pages
Book Rating : 4.1/5 (182 download)

DOWNLOAD NOW!


Book Synopsis The Art of Vulture Investing by : George Schultze

Download or read book The Art of Vulture Investing written by George Schultze and published by John Wiley & Sons. This book was released on 2012-09-13 with total page 230 pages. Available in PDF, EPUB and Kindle. Book excerpt: A detailed and compelling look at distressed securities investing in today’s market In the corporate world, “vulture” investors in distressed securities serve the same cleanup function as vultures do in the natural world: they deal with failing companies, digest bad debt, and mop up after bankruptcies. Since this market’s structural and legal complexities create greater inefficiencies than in other investment fields, it’s a style of investing that can make money during both booms and busts. While recent economic carnage has made opportunities for vulture investors, more convoluted bankruptcies, conflicts of interest, and even government intervention have made this arena harder to negotiate. Nobody understands this better than author George Schultze, founder of Schultze Asset Management. During his successful career as a vulture investor, he’s learned a number of lessons and developed an investment philosophy that has served him well. Now, in The Art of Vulture Investing, Schultze shares his valuable insights and experiences with you. Engaging and informative, this reliable guide offers a bird’s-eye into the opportunities and risks associated with vulture investing. And while it may not always be pretty, you’ll see exactly why this process is necessary for our economic ecosystem. Throughout this book, Schultze explains the theory and strategy of vulture investing in clear and lively prose, illustrating each concept with examples from his own varied experience that show how the landscape has changed in recent years. Offers valuable information on distressed securities investing since the 2007-2009 financial crisis Examines the opportunities and dilemmas for modern vulture investors Includes in-depth case studies of high-profile bankruptcies, including those of Chrysler Automotive and Tropicana Casinos and Resorts By its very nature, investing in distressed companies can be a complicated and risky business. But once the dust settles, these investments can yield extraordinary profits. The Art of Vulture Investing puts this discipline in perspective and shows you how to excel at this difficult, yet rewarding, endeavor.

The Guide to Distressed Debt and Turnaround Investing

Download The Guide to Distressed Debt and Turnaround Investing PDF Online Free

Author :
Publisher :
ISBN 13 : 9781904696230
Total Pages : 236 pages
Book Rating : 4.6/5 (962 download)

DOWNLOAD NOW!


Book Synopsis The Guide to Distressed Debt and Turnaround Investing by : Kelly DePonte

Download or read book The Guide to Distressed Debt and Turnaround Investing written by Kelly DePonte and published by . This book was released on 2007 with total page 236 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Workouts and Turnarounds

Download Workouts and Turnarounds PDF Online Free

Author :
Publisher : Irwin Professional Publishing
ISBN 13 :
Total Pages : 824 pages
Book Rating : 4.4/5 (91 download)

DOWNLOAD NOW!


Book Synopsis Workouts and Turnarounds by : Dominic DiNapoli

Download or read book Workouts and Turnarounds written by Dominic DiNapoli and published by Irwin Professional Publishing. This book was released on 1991 with total page 824 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Buying and Selling of Distressed Companies (Mandarin Version)

Download Buying and Selling of Distressed Companies (Mandarin Version) PDF Online Free

Author :
Publisher : Corporate Turnaround Centre Pte Limited
ISBN 13 : 9789810795573
Total Pages : 124 pages
Book Rating : 4.7/5 (955 download)

DOWNLOAD NOW!


Book Synopsis Buying and Selling of Distressed Companies (Mandarin Version) by : Dr Michael Teng

Download or read book Buying and Selling of Distressed Companies (Mandarin Version) written by Dr Michael Teng and published by Corporate Turnaround Centre Pte Limited. This book was released on 2014-04-02 with total page 124 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Investing in Financially Distressed Firms

Download Investing in Financially Distressed Firms PDF Online Free

Author :
Publisher : Praeger
ISBN 13 :
Total Pages : 200 pages
Book Rating : 4.:/5 (321 download)

DOWNLOAD NOW!


Book Synopsis Investing in Financially Distressed Firms by : Murali Ramaswami

Download or read book Investing in Financially Distressed Firms written by Murali Ramaswami and published by Praeger. This book was released on 1990-01-22 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt: This comprehensive new study examines the impact of the 1978 Bankruptcy Reform Act on firms that file under Chapter 11 and on investors who own shares or bonds in financially distressed corporations. Demonstrating that high average returns often accompany wise investment choices concerning bankrupt firms, the authors explain how to spot potential investment targets, assess investment risk, and profit from investing in firms undergoing reorganization following a bankruptcy filing. Both individual and institutional investors looking for new investment opportunities and students of corporate finance and financial management will find important new insights into the investment potential of financially distressed firms. Investing in Financially Distressed Firms represents a good buy for those who would like to hunt bargains in the broken angel sector of the market. Journal of High Yield Bond Research This comprehensive new study examines the impact of the 1978 Bankruptcy Reform Act on firms that file under Chapter 11 and on investors who own shares or bonds in financially distressed corporations. Demonstrating that high average returns often accompany wise investment choices concerning bankrupt firms, the authors explain how to spot potential investment targets, assess investment risk, and profit from investing in firms undergoing reorganization following a bankruptcy filing. The legal issues involved in investing in bankrupt firms, the environment within which the bankrupt firm operates, and the relationship between stock market efficiency and bankrupt firms also receive thorough coverage. Both individual and institutional investors looking for new investment opportunities and students of corporate finance and financial management will find here important new insights into the investment potential of financially distressed firms. The volume begins with an introduction which sets the stage for the discussion that follows by describing the reasons for the increasing rates of corporate bankruptcy in the 1980s. The authors go on to explore the incentives for investing in bankrupt firms and offer pointers for investors considering such a move. In order to provide the reader with the tools necessary to evaluate potential investment opportunities, the authors also describe the reasons for corporate financial failure, the effects of reorganization on a firm, the differences between old and new bankruptcy laws, and the legal settlement of bankruptcy claims. An analytical model for predicting successful reorganization--and thus a potentially lucrative investment target--is described and illustrated as are models of stock market efficiency. The study concludes with four detailed case studies that illustrate the process of bankruptcy and the possible investment outcomes. The text is accompanied by numerous explanatory tables and figures.

Buying and Selling Distressed Businesses

Download Buying and Selling Distressed Businesses PDF Online Free

Author :
Publisher : Thomson West
ISBN 13 : 9780314207852
Total Pages : 450 pages
Book Rating : 4.2/5 (78 download)

DOWNLOAD NOW!


Book Synopsis Buying and Selling Distressed Businesses by :

Download or read book Buying and Selling Distressed Businesses written by and published by Thomson West. This book was released on 2009 with total page 450 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Buying and Selling Real Estate in Bankruptcy

Download Buying and Selling Real Estate in Bankruptcy PDF Online Free

Author :
Publisher : West Group Publishing
ISBN 13 : 9780836611687
Total Pages : pages
Book Rating : 4.6/5 (116 download)

DOWNLOAD NOW!


Book Synopsis Buying and Selling Real Estate in Bankruptcy by : John Collen

Download or read book Buying and Selling Real Estate in Bankruptcy written by John Collen and published by West Group Publishing. This book was released on 1997-01-01 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Buying and Selling Distressed Businesses

Download Buying and Selling Distressed Businesses PDF Online Free

Author :
Publisher : Aspatore Books
ISBN 13 : 9780314270924
Total Pages : 350 pages
Book Rating : 4.2/5 (79 download)

DOWNLOAD NOW!


Book Synopsis Buying and Selling Distressed Businesses by :

Download or read book Buying and Selling Distressed Businesses written by and published by Aspatore Books. This book was released on 2010 with total page 350 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

The Art of M&A, Fifth Edition: A Merger, Acquisition, and Buyout Guide

Download The Art of M&A, Fifth Edition: A Merger, Acquisition, and Buyout Guide PDF Online Free

Author :
Publisher : McGraw Hill Professional
ISBN 13 : 1260121798
Total Pages : 1104 pages
Book Rating : 4.2/5 (61 download)

DOWNLOAD NOW!


Book Synopsis The Art of M&A, Fifth Edition: A Merger, Acquisition, and Buyout Guide by : Alexandra Reed Lajoux

Download or read book The Art of M&A, Fifth Edition: A Merger, Acquisition, and Buyout Guide written by Alexandra Reed Lajoux and published by McGraw Hill Professional. This book was released on 2019-07-19 with total page 1104 pages. Available in PDF, EPUB and Kindle. Book excerpt: Make every deal a major win! The M&A classic has been updated for today’s business landscape Since the last edition of this authoritative resource was published, the M&A world has gone from boom to bust and back again—and this new edition brings you completely up to date. With critical lessons learned from the financial crises and regulatory shocks of the past decade, The Art of M&A, Fifth Edition delivers the information and insight you need to make all the right decisions throughout the process. Learn the ins and outs of: •Getting Started—basic process, requirements, and objectives• Strategy—deciding what to buy and why•Valuation and Modeling—measuring and projecting value pre- and post-merger• Financing and Refinancing—sourcing capital • Structuring—mitigating financial, tax, and legal risk• Due Diligence—investigating a business’s past, present, and future risks• Documentation and Closing—pulling everything together to ensure a smooth transaction • Integration—merging resources, processes, and responsibilities to maximize synergies• Landmark Cases—legal cases you need to understand The Art of M&A is an indispensable resource for anyone heavily engaged in the process—whether you’re an executive tasked with growing your businesses, an investment banker structuring transactions, an attorney responsible for due diligence, or an accountant who advises buyers and sellers. Turn to this definitive resource to develop, steward, and close deals that benefit everyone involved.

Creating Value Through Corporate Restructuring

Download Creating Value Through Corporate Restructuring PDF Online Free

Author :
Publisher : John Wiley & Sons
ISBN 13 : 0470503521
Total Pages : 852 pages
Book Rating : 4.4/5 (75 download)

DOWNLOAD NOW!


Book Synopsis Creating Value Through Corporate Restructuring by : Stuart C. Gilson

Download or read book Creating Value Through Corporate Restructuring written by Stuart C. Gilson and published by John Wiley & Sons. This book was released on 2010-04-05 with total page 852 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.