Shearman & Sterling LLP multinational law firm headquartered in New York City, United States.

Event Jul 29, 2020

IPAA’s Industry Insights Webinar: Buying Assets Out of Bankruptcy

  • Webinar

As companies continue adjusting and navigating the oil & gas downturn, some companies will be looking for opportunities to buy distressed assets or assets out of bankruptcy.

Partner Omar Samji moderated an IPAA’s Industry Insights webinar titled “Buying Assets Out of Bankruptcy,” featuring partner Luckey McDowell; George Mack, Greenhill & Co., Inc.’s managing director and co-head of financing advisory & restructuring for North America; and Robert White, senior vice president of Jefferies & Company, Inc.

The webinar, which took place on Wednesday, July 29 at 11 am CT, provided insightful guidance for those looking to buy distressed assets, and will cover topics such as:

  • The risks of buying from distressed sellers
  • The process of buying assets out of bankruptcy
  • Why buyers like “363” sales
  • Potential pitfalls
  • Stalking horse strategies
  • Competing against credit bids
  • Insider bidding in bankruptcy
  • Joint bidding vs collusion