Monthly Archives: January 2011

Stalking “Ponies” – Are break up fees a thing of the past?

The “Stalking Horse” is a term of art often used in the bankruptcy court to describe the initial bidder for a bankrupt company’s assets.   Typically, a company in bankruptcy will reach a deal with an outside bidder that wants to … Continue reading

Posted in Bankruptcy, Distressed Deals, Insolvency and Restructuring | Tagged , , | Leave a comment