The Journal of Corporate Renewal
Loan Workouts: A Different Perspective
A lender and a borrower often enter into workout negotiations with very different goals and viewpoints. Because of these different perspectives, both parties may interpret statements and circumstances in very different manners and arrive at very different conclusions.
Evaluating Asset Based Lenders
There are many important issues to consider when evaluating asset based lenders. When you take a look at all of the issues and compare one lender to another, choosing the right one will be much easier than you think.
LBOs and Fraudulent Conveyances: The Third Circuit Does an About Face
Regardless of the form of the LBO, borrowed money is paid to the Target’s former shareholders in exchange for their shares—arguably, worthless pieces of paper. The new owner receives control of the Target, sometimes for relatively little or no new capital.