Buying and Selling Distressed Businesses

ISBN: 9780314207852

出版年: 2009-7

页数: 452

定价: 712.00元

内容简介

Buying and Selling Distressed Businesses is an authoritative, insider's perspective on key strategies for transactions involving distressed businesses both before and after a bankruptcy filing. Featuring partners from some of the nation's 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 today's 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. Inside the Minds provides readers with proven business intelligence from C-Level executives (Chairman, CEO, CFO, CMO, Partner) from the world's most respected companies nationwide, rather than third-party accounts from unknown authors and analysts. Each chapter is comparable to an essay/thought leadership piece and is a future-oriented look at where an industry, profession or topic is headed and the most important issues for the future. Through an exhaustive selection process, each author was hand-picked by the Inside the Minds editorial board to author a chapter for this book. Chapters Include: 1. Schuyler Carroll, Partner and Ronni Arnold, Attorney, Arent Fox LLP "Understanding Buyer and Seller Concerns for Transactions Involving Distressed Businesses"

2. Gardner Davis, Partner, Foley & Lardner LLP "Advising the Board of Directors Regarding the Sale of a Financially Troubled Company"

3. Michael M. Krauss, Partner, Faegre & Benson LLP "Navigating Troubled Waters: Fiduciary Duties of Directors and Officers of Distressed Companies"

4. Brett A. Axelrod, Shareholder, Greenberg Traurig LLP "Key Strategies for Transactions Involving Distressed Businesses in the Real Estate Sector" Appendices Include: Appendix A: Sample Sale Order - eTOYS

Appendix B: Sample Asset Purchase Agreement - eTOYS

Appendix C: Sample Bid Procedure Order - Worldspace

Appendix D: Sample Order Approving Sale - Worldspace

Appendix E: Sample Asset Purchase Agreement - Worldspace

Appendix F: Sample Bid Procedures - Norwood

Appendix G: Sample Asset Purchase Agreement - Norwood

Appendix H: Motion to Establish Bid Procedures

Appendix I: Form of Bidding Procedures

Appendix J: Form of Proposed Order Approving the Sale

Appendix K: Form of Notice of Auction