Corporate Governance in Distress Situations

This panel will discuss what strategies sponsors are using to retain control (or at least a stake) through the bankruptcy process, as well as the risks to sponsors, such as fiduciary duties; use of special committees as sword and shield; related-party transactions; sponsor affiliates purchasing debt in the portfolio company’s capital structure, as well as 10b-5 compliance; and selling or spinning off assets/business units (Caesars, Cengage, Nine West, PetSmart, Sears, Toys).

Price: $125.00
SKU: 194383
75 mins
Elisha D. Graff, Moderator; Simpson Thacher & Bartlett LLP, Hon. Shelley C. Chapman; U.S. Bankruptcy Court (S.D.N.Y.), Nicole L. Greenblatt; Kirkland & Ellis LLP, Mark P. Kronfeld; BlackRock, Roger G. Schwartz; Latham & Watkins LLP.