Error: Twitter did not respond. Please wait a few minutes and refresh this page.
Category Archives: Bankruptcy
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
Patrick McCraney Willoughby Law Group, PLLC Copyright 2010 – All Rights Reserved Distressed Investors Beware: Use of voter designation and cramdowns to dilute the leverage traditionally enjoyed by strategic buyers of senior secured debt. One of the fastest and most … Continue reading
R. Patrick McCraney Willoughby Law Group, PLLC Copyright – 2010 – all rights reserved. Often a company that is involved in a formal restructuring (such as Chapter 11) has incurred pre-petition trade debt with various vendors and suppliers. Many of … Continue reading