Newsletter
Distressed Investments Opportunity Bulletin - Issue 37
DISTRESSED OPPORTUNITY BULLETIN
Ice Miller’s Distressed Investment Group ("DIG") identifies and facilitates distressed investment opportunities and assists clients through creative and strategic acquisitions and investments in bankruptcies, in-court restructurings, out-of-court restructurings and other insolvency-related transactions.
DIG is comprised of some of Ice Miller's most experienced and entrepreneurial bankruptcy, corporate restructuring, finance, real estate, mergers and acquisitions, corporate and tax attorneys. Its members have significant experience advising clients on loan-to-own strategies, debt and equity sales and restructurings, recapitalizations, note purchase loans, debtor-in-possession and exit financings, claims trading, distressed real estate acquisitions, section 363 sales, rescue capital deployment, and other insolvency-related and special situations transactions in the context of chapter 11 cases and proceedings, defaulted-loan litigation, workouts, foreclosures, deeds in lieu of foreclosure, Article 9 sales, assignments for the benefit of creditors, and receiverships.
DIG’s members regularly advise investment funds, private and institutional investors, lenders, private equity firms, operators and other interested parties in all aspects of strategic distressed investing and related transactions. Its members frequently serve as bond counsel, issuer's counsel, bank counsel, and underwriter's counsel in a variety of taxable and tax-exempt municipal financings involving hospitals, health systems, senior living providers, single- and multi-family housing projects, airports, 501(c)(3) organizations, state and local governmental issuers and municipal power agencies.
DIG’s members also have significant experience representing private and institutional investors, including private equity real estate funds and REITs, developers and operators in the acquisition, redevelopment and operation of distressed real estate across various asset classes.
To learn more about DIG or any opportunities listed in this Bulletin or, if you have any opportunities you’d like us to share in our next Bulletin, please visit our webpage or contact any of our DIG members.
Opportunities in the Distressed Market
Please click the chart below to download a full PDF of currently available distressed investment opportunities.
DIG in the News
American Bankruptcy Institute Journal | What Whittaker Clark & Daniels Says About Receivership Proceedings and Authority to File
Receivership laws often grant state and federal courts overseeing receivership proceedings broad authority to control over a corporation’s assets and affairs. However, much like the equitable powers of bankruptcy courts, the power conferred upon a court in a receivership proceeding is not without boundaries.
The Third Circuit Court of Appeals’ recent decision in Whittaker Clark & Daniels clarifies some of these limits and raises new questions about others. Specifically, the ruling examines a court’s ability to alter the default rule that a corporation’s management retains the legal authority to file a bankruptcy petition.
Did you receive this Distressed Opportunity Bulletin from a friend? Sign up for future updates.
