A Better ABC Alternative To Bankruptcy for Some Hedge Fund Borrowers and Portfolio Companies: Lessons Learned in Hundreds
of Assignments for the Benefit of Creditors
| Date: 11/14/2007
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Time:
3:30 pm - 4:00 pm Registration 4:00 pm - 5:30 pm Program 5:30 pm - 6:30 pm Reception
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Location:
Morrison & Foerster LLP 1290 Avenue of the Americas 39th Floor, New York City
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| Speakers:
G. Larry Engel, Karen Ostad, Norman S. Rosenbaum, Martin Pichinson, Michael Maidy |
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| Contact: Rachelle Fernandes |
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| Contact Phone: 212.336.4011
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Description:
What is the best and most cost-effective way to resolve the insolvency of a portfolio company or other borrower? In some
situations, the solution may be an ABC (assignments for the benefit of creditors). Do you know you can purchase assets on
a going-concern basis or close a company without court oversight?
This program shares the experiences from hundreds of cases judged as successful by venture capitalists and other participants
who prefer ABCs for liquidating portfolio companies and other borrowers.
Who Should Attend:
- Managers of hedge funds and other funds liquidating portfolio companies or borrowers, especially those holding both debt and
equity
- Distressed-debt buyers
- Financial institutions and other creditors
- Corporate directors and other fiduciaries concerned about shareholder suits
- Anyone frustrated by Chapter 7 experiences
Please come and learn about the available strategies from lawyers and an ABC expert who have experience in hundreds of successful
cases.