Remove Banking Remove Capital Structure Remove Going Concern Value
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Skadden Discusses De-SPACed Companies Seeking Chapter 11 Protection

Reynolds Holding

The basic premise of Chapter 11 is that even an insolvent (or otherwise financially distressed business) may have significant going-concern value after its existing debt and other liabilities are restructured, and that creditors as a whole are better off preserving the business and sharing in its going-concern value than liquidating it piecemeal.

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The Corporate Restructuring Machine: How AI Could Improve Workouts

Reynolds Holding

Eventually, it would allow parties to continuously renegotiate companies capital structures, obviating the need for companies to corral investors at a particular moment to resolve their financial distress. The CRM could also change corporate workouts in more radical ways.