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

Kurzbeschreibung:

This timely book provides a thorough and up-to-date guide to the unique complexities of buying, selling, and financing troubled and insolvent companies, for any M&A professional or investor in this booming asset class.

Klappentext:

Take the stress out of the distressed M&A process!
These days, opportunities in distressed mergers and acquisitions abound-and the trend will continue into the foreseeable future. If you're in the business of M&A, this book is what you need to make confident decisions that will pay off handsomely in the end.
Distressed mergers and acquisitions-encompassing a wide array of transactions related to bankruptcies, restructurings, recapitalizations, and liquidations-involve seemingly innumerable issues typically not present in more traditional M&A of going concerns. The Art of Distressed M&A answers every question and addresses every challenge of the process. Whether it's describing the unique fiduciary duties a board of directors faces when contemplating a distressed sale, or the valuation of a business in financial distress, or the legal framework a bankruptcy court will apply toward valuation during a Chapter 11 proceeding, this book will help you make the right decisions the firsttime around.
TABLE OF CONTENTS
Preface and Acknowledgments
Section I: The Big Picture
Chapter 1: Why Do Businesses Fail?
Chapter 2: Alternatives for the Distressed Business
Chapter 3: Trends in Distressed M&A and Investing
Section II: The Bankruptcy Players
Chapter 4: A Debtor & Creditor Overview
Chapter 5: Secured Creditors
Chapter 6: Unsecured Creditors
Chapter 7: Advisors & Other Parties
Section III: Avoiding Common Pitfalls
Chapter 8: Accounting for Workouts: TDRs, Extinguishments, and Modifications
Chapter 9: Accounting for Bankruptcy: NOLs and Fresh Start Reporting
Chapter 10: Mitigating Legal Risks in Distressed M&A
Section IV: Deal Structures That Work
Chapter 11: Principles of Distressed Company Valuation
Chapter 12: The Plan of Reorganization
Chapter 13: 363 Sales and Loan-to-Own Transactions
Chapter 14: Financing and Refinancing Considerations
Conclusion

Themen:

• Mergers & Acquisitions

Verwandte Themen:

• Due Diligence
• Fusion
• Post Merger Integration
• Unternehmenskauf
• Human Resource Management
• Corporate Finance
• Unternehmenszusammenschluß
• China; Wirtschaft
• Unternehmenswachstum
• Mittelstand