11:30 – 12:30 am EDT
Given ongoing economic instability, private equity funds continue to find real value acquiring distressed companies. Critical to any private equity professional is an understanding of the complexities of a distressed transaction. As private equity funds are presented with such opportunities, many critical questions must be considered: Who are the correct parties in a distressed situation to engage in negotiations? Is a bankruptcy necessary to acquire the assets? If not bankruptcy, what other mechanisms or processes exist for acquiring distressed assets? What is a break-up fee and how do I get one?
McDermott Will & Emery is pleased to present a complimentary webcast focused on issues unique to distressed acquisitions. Topics to be covered include:
Understanding the pros and cons of acquiring assets pursuant to a bankruptcy proceeding (either through a 363 sale or a plan of reorganization), a foreclosure, an assignment for the benefit of creditors or through a consensual out-of-court transaction
Identifying the key creditor constituencies (such as senior lenders) necessary to consummate a distressed acquisition and the issues particular to such creditors.
Designing protections for private equity buyers (such as break-up fees and expense reimbursement)
Comparing the fundamentals of a distressed transaction to that of a "healthy" acquisition, including key business due diligence
James Kapp III, Partner
Frederic Levenson, Partner
This webcast is the first of McDermott’s Private Equity Boot Camp webcast series, created to provide mid-level private equity professionals with a deeper understanding of the fundamental components of, and considerations involved in, leveraged buyout transactions.
For more information, please contact McDermott Events.
CLE credit for the live presentation of this program is pending in the following states: California, Illinois, New York and Texas. A Uniform Certificate of Attendance will be made available to participants requesting CLE credit in all other states. Please be advised that CLE credit will not be approved for on demand/recorded viewings of this program in the states listed above. Attendees seeking credit in other states should consult their state CLE accrediting agency to determine whether self-study credit can be earned for on demand/recorded viewing of this program.