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In today's vulnerable and volatile business climate, corporate
bankruptcy and Chapter 11 reorganization is a common occurrence at
U.S. corporations of all sizes, in all sectors. As a result, the
market for distressed firms' debt and equity securities continues
to capture the interest and imagination of the investment
community. "Bankruptcy & Distressed Restructurings: Analytical
Issues and Investment Opportunities" compiles the insights of more
than 30 experts from both the practitioner and academic communities
on a multitude of subjects including bankruptcy and liquidation
costs, the determinants of successful Chapter 11 proceedings,
competitor behavior related to distress, and investment
opportunities in distressed and defaulted securities--must reading
for anyone involved in corporate finance, financial markets,
economics, or law.
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