Barry Burten and David Poitras hosted the LA County Bar Association program entitled “The New ‘Reorganization’ – Buying and Selling Troubled Companies – Bad is Good, Worse is Better.”
This program provided an interactive discussion concerning the sale of troubled companies and their assets in both a bankruptcy and non-bankruptcy context. The panel discussed the legal and business issues which arise in such sales from the perspective of the seller, buyer and other interested parties (landlords, secured lenders, trade creditors, etc.). The panel also discussed what is going on in the current marketplace concerning troubled company sales and what future opportunities may lie ahead in this expanding area.