Distressed Corporate Restructurings and Reorganizations

Restructurings, no matter what type, are applications of valuation principles. This book moves logically from general valuation to the valuation of non-distressed restructurings and finally to the valuation of distressed restructurings. By providing a simple and sound economic framework for understanding restructuring and reorganization, it focuses on a technique-based approach. This approach uses cases and extensive analyses to emphasize ways to understand a situation, choose appropriate tools, make necessary adjustments, and execute plans. Distinctly different from mergers and acquisitions textbooks, "Corporate Restructurings and Reorganizations" improves everyone's chances of making money.