This course provides a broad overview of the financial, economic, and strategic reasons for major corporate restructuring transactions. Various options exist when a company is in financial distress. The course focuses on two main avenues: out-of-court restructurings and in-court reorganizations. Students learn to find solutions that protect the interests of all parties in the bankruptcy process, such as trustees, secured lenders, governmental entities, indenture trustees, liquidators, secured and unsecured creditors, creditors’ committees, shareholders, and defendants in avoidance actions. Students also learn how to negotiate more effectively during restructurings.

 
Continuing Education Units (CEU) : 2

You'll walk away with

• An understanding of the benefits of out-of-court restructurings versus Chapter 11
• The ability to analyze DIP financing agreements and bankruptcy plans
• Familiarity with the major components and steps in a restructuring
• The skills to analyze the debt and capital structure of a corporation and to determine who is likely to be paid in a bankruptcy

Ideal for

• Bankers, corporate treasury personnel, workout specialists, and lawyers who handle middle-market, national, and international problem loans and accounts
• Students interested in a career in Chapter 11 bankruptcies