Special Report on
Bankruptcy / Restructuring Edition
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CREATING VALUE THROUGH CORPORATE RESTRUCTURING: CASE STUDIES IN BANKRUPTCIES, BUYOUTS AND BREAKUPS (SECOND EDITION), John-Wiley & Sons, Inc., 2010 Abstract: This book features twenty-four case studies and technical chapters on strategies and techniques used by financially stressed companies to restructure their liabilities, assets, and obligations to employees and other stakeholders, as well as strategies that hedge funds and other investors use to trade in the financial claims of these companies. The case studies represent some of the most complex, controversial and innovative restructurings of the ...
Bankruptcy / Restructuring Edition - Trends
Latest Trending Story:
Bankruptcy and Restructuring Trends: Further Insights on 2009 ...
we're seeing here at IntraLinks in the first half of 2009. The numbers show a huge surge in overall bankruptcy and restructuring engagements over the same period last year. This may seem like a natural extension of the growing number of bankruptcies observed earlier this year , but the story behind the new data sheds light on both the current situation and what we may be able to expect in the rest of 2009-2010. From my unique perspective at IntraLinks - which was used in more than 70% of the top restructuring situations in the first half of 2009 - and based on conversations with our diverse group of clients, we'll ...
Wikipedia
In the majority of cases, however, bankruptcy is initiated by the debtor (a "voluntary bankruptcy" that is filed by the insolvent individual or organization). An involuntary bankruptcy petition may not be filed against an individual consumer debtor who is not engaged in business.
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have joined the firm, according to a Dechert press release, as part of an effort to boost the business restructuring and reorganization capabilities in New York. Brilliant co-led the restructuring group at Goodwin since he joining the Boston-based firm in 2005 from Milbank, Tweed, Hadley & McCloy. Druehl was an associate at Goodwin. At their former firm, the pair had represented ad hoc bondholder groups in the CIT Group Funding Co., Builders First Source, and Motor Coach Industries bankruptcies. The hires come a year after Dechert brought on Michael Sage, the former co-head of ... Read More
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REVIEWS AND OPINIONS
We don’t need an aircraft carrier and “Mission Accomplished” banner, but isn’t it time to agree that the auto rescue has been a success? Former auto czar-let Steve Rattner picks an unfortunate choice of metaphors to celebrate the possible success of the auto bailout in an op-ed for the Washington Post . Meanwhile, the latest Treasury estimates still show a projected $24.6b loss on the bailout , so yeah, let’s hold off on that carrier-based victory party. Much self-congratulation later, Rattner finally gets to the point. Though he believes in the restructured GM and Chrysler, Rattner’s clearly ...
market research, surveys and trends
It’s safe to say that the years 2008 and 2009 will go down in history as some of the dimmest years in automotive history. In comparison to the sales volumes of previous years, the numbers dropped by millions units. The total freeze in credit and loans due to the financial turmoils that afflicted banks and other institutions was highly connected to this dismal epoch in car sales. General Motors, once the world’s largest automaker for 77 straight years posted a $38.7 billion dollar loss for fiscal year 2007 and was financially vulnerable. The period of time between 2008 and 2009, boys and girls, is what we enthusiasts ...
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SURVEY RESULTS FOR
BANKRUPTCY / RESTRUCTURING EDITION
Unsold vehicles are seen sitting on the lot of a Chrysler dealership in Grosse Pointe, Michigan in this April 2, 2009 file photo. Credit: Reuters/Rebecca Cook Reuters - The Obama administration summarized its plan for Chrysler's Chapter 11 bankruptcy and Chrysler's alliance with Fiat SpA as follows: BANKRUPTCY * Chrysler will use Section 363 of the federal bankruptcy code to "clear away the remaining impediments" to its restructuring. * New Chrysler will buy all assets of old Chrysler out of a Chapter 11 bankruptcy case in exchange for a $2 billion payment to secured lenders. * New Chrysler will create an ...
industry trends, business articles and survey research
into bankruptcy protection on Monday, making a risky bet that by temporarily nationalizing the onetime icon of American capitalism, he can save at least a diminished automaker that is competitive. The bankruptcy is a moment of reckoning for an industry that was once at the heart of the American economy. The process began early Monday with a bankruptcy filing by a G.M. affiliate, a dealership in New York City, which described the automaker as “a debtor in possession under Chapter 11.” The move by a New York affiliate will enable G.M. itself to file its own bankruptcy petition in New York. It was expected to do so ...
industry trends, business articles and survey research
RELATED NEWS
in Greenwich Village have been stalled by a dispute over financial terms and by demands by former officials of the institution, a Roman Catholic hospital, that birth control not be made available there, officials close to the negotiations said on Thursday. The clinic would be housed in the former emergency room of St. Vincent’s on property linked to a Catholic organization. The officials said the North Shore-Long Island Jewish Health System, the Long Island-based hospital organization that has a $9.4 million state grant to run the urgent-care center, staffed by medical workers from Lenox Hill Hospital, had hoped to open it by ...
market trends, news research and surveys resources
We identify 424 expert insolvency and restructuring lawyers across 44 jurisdictions. Some of the leaders are highlighted here. International Leaders Who’s Who Legal’s 2010 insolvency and restructuring law firm of the year, Weil Gotshal & Manges LLP delivers another convincing performance in this year’s research, placing seven lawyers from offices throughout the US and Europe in the upper echelons of our rankings. Foremost among these names is the “superb” Marcia Goldstein, recipient of our lawyer of the year award in this discipline and head of the firm’s business finance and restructuring ...
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INFORMATION RESOURCES
transactions, debt restructuring and bankruptcy, with an emphasis on agricultural financing ..... Collier Pamphlet Edition Pub. #00221, ISBN 9781422429365 ...
technology research, surveys study and trend statistics
This report presents the results of the Bankruptcy Restructuring Model (BRM) ... bankruptcy restructuring model that has the following characteristics: ...
technology research, surveys study and trend statistics
Chapter 12 was added to the Bankruptcy Code in 1986. It is designed specifically for the reorganization of family farms. Chapter 12 is closely modeled after Chapter 13 (Chapter 13 is designed for wage earners; however, it has a higher debt ceiling, and therefore applies to many more farm operations). Eligibility – Chapter 12 is only available to persons who meet the definition of "family farmer" set forth in the statute. A family farmer may either be an individual or a corporation or partnership. Individual – There are several tests which must be met in order to qualify as a family farmer. According to ...
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BANKRUPTCY / RESTRUCTURING EDITION
FEATURED VIDEOS
Watch these videos to learn more about industry trends, latest news and technologies.
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In-Depth Look - GM, Chrysler May Be Into Bankruptcy - Bloomberg -
Heavy Price For GM Bankruptcy - Bloomberg
- lexisONE: Videocast: Bankruptcy: Free Webinar: Commercial ...
- Health Care Gets Checkup At TMA Webinar | Press Releases ...
Join these Webinars to learn more about current research, trends and surveys.
QUESTIONS AND ANSWERS
Not necessarily, I think Trump filed bankruptcy 3 or so times before getting rich. Businesses have two different types of bankruptcy, 1's for asset liquidation (sell everything they own and dissolve business) and the others for business restructuring (which can hurt investors share in the corporation, but help the company prosper over the long run. Sign in to vote! 0 Rating: Good Answer 0 Rating: Bad Answer Report Abuse Answerer 2 It's not a "bad " thing, but you better take it seriously. Bankruptcy is there to protect people from creditors when there is no other reasonable path forward. And the laws have ...
By 1990, the effects of recession left Trump unable to meet loan payments. Trump financed the construction of his third casino, the $1 billion Taj Mahal, primarily with high-interest junk bonds. That put him at a disadvantage with competitors who used more of their own money to finance their projects, industry experts have said. Things were so bleak for Trump at this time that in the August 21, 1990 edition of the Jersey Record, columnist Mike Kelly wrote "If we still had debtors' prisons, Trump would be in the dungeon." Kelly added that "Donald Trump is a Third World Nation." Although he shored up his businesses with ...
