The court held that a chapter 11 bankruptcy business can sell its assets to a buyer under Bankruptcy Code section 363(f) free of $4.8 million union pension withdrawal liability M&A Stories July 19, 2022 Introduction: Selling a financially troubled business…
Blog Archives
ILLINOIS BANKRUPTCY COURT APPROVES SALE OF GROCERY STORE ASSETS FREE OF $4.8 MILLION PENSION CLAIM
Posted in problems with pensions Tagged with: Bankruptcy Code section 363(f), Bankruptcy proceedings, Chapter 11 bankruptcy, Financial analysis, Grocery store assets, Illinois Bankruptcy Court, M&A (Mergers and Acquisitions), Norrenberns Foods Inc., Pension withdrawal liability, Sale to buyer owned by the nephew of bankrupt owners, Union pension plan
Competitor’s Aggressive Move Puts Distressed Glove Maker into Bankruptcy
Explore the legal consequences of aggressive M&A tactics in this insightful blog post. Learn how a competitor’s move led a struggling glove manufacturer into bankruptcy and the ensuing legal disputes. M&A Stories March 25, 2019 Introduction: Purchasing a struggling competitor…
Posted in purchase agreement Tagged with: Aggressive acquisition strategies, Business debt tactics, Business finance strategies, Chapter 11 bankruptcy, Competitor-driven bankruptcy, creditor's good faith, distressed business, force business into bankruptcy, Glove manufacturer case study, Legal disputes in M&A, M&A legal consequences, Shareholder lawsuits, Texas law and bankruptcy
Navigating M&A Challenges: Lessons from the Auto Industry’s Bankruptcy Sale
Explore a compelling M&A narrative delving into the complexities of acquiring distressed auto business assets during a chapter 11 bankruptcy. This blog examines a critical case involving the United Auto Workers pension fund, Fiat S.p.A., and the U.S. and Canadian…
Posted in actual notice to known creditors, bankruptcy sale, distressed business acquisitions Tagged with: airbag incident, asset transfer, Bankruptcy court, bankruptcy sale, buyer responsibilities, Buyer's responsibility, case reference, Chapter 11 bankruptcy, Chrysler, claims, dismiss case, distressed auto business, due diligence, Fiat S.p.A. U.S. and Canadian governments, insights, known creditors, legal dilemma, lessons, liens, M&A challenges, Material Safety Data Sheet (MSDS), notice period, Old Carco LLC, Pre-Closing Liabilities, United Auto Workers pension fund
Navigating the Risks of Acquiring Distressed Businesses in Chapter 11: Lessons from a Stalking Horse
Dive into the risky yet alluring world of acquiring distressed businesses in Chapter 11 bankruptcies with our latest M&A blog post. Learn from real-life lessons and cautionary tales of navigating bankruptcy court sales and the intricacies of stalking horse arrangements.…
Posted in distressed business acquisitions Tagged with: Asset acquisition, Auction Process, Bankruptcy Code, bankruptcy court proceedings, bankruptcy court sales, bid procedures, Buyer's Perspective, Case Study, Chapter 11 bankruptcy, court approval, distressed businesses, due diligence, financial risks, Florence Hospital At Anthem LLC, investor caution, Legal Challenges, Legal Risks, Liabilities, M&A legal, Mergers and Acquisitions, Seller's Perspective, stalking horse
Recent Comments