Distressed Debt Workshop |
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Tuesday, April 6th 2021
7:00 - 8:00 pm CT
This workshop will walk through the restructuring process and strategies for distressed debt investors.
When discussing the restructuring process, we will discuss what drives companies to file for bankruptcy, alternatives to in-court restructuring (chapter 11 bankruptcy), strategies to reduce debt burdens outside of and within bankruptcy, debt waterfalls (projecting returns for distressed debt investors), and the role of different types of subordination within distressed investing strategies. Afterward, we will walk through a case study on Neiman Marcus' chapter 11 bankruptcy by analyzing the strategies of different distressed investors and ultimately looking at how the bankruptcy unfolded.
7:00 - 8:00 pm CT
This workshop will walk through the restructuring process and strategies for distressed debt investors.
When discussing the restructuring process, we will discuss what drives companies to file for bankruptcy, alternatives to in-court restructuring (chapter 11 bankruptcy), strategies to reduce debt burdens outside of and within bankruptcy, debt waterfalls (projecting returns for distressed debt investors), and the role of different types of subordination within distressed investing strategies. Afterward, we will walk through a case study on Neiman Marcus' chapter 11 bankruptcy by analyzing the strategies of different distressed investors and ultimately looking at how the bankruptcy unfolded.
Point Person: Evan Xiang | exiang@uchicago.edu