What does it take to buy or sell a company when time is running out, and the stakes couldn't be higher?

In this episode, Bethany D. Simmons of Loeb & Loeb LLP leads a panel of restructuring pros (Skylar Bonné, Michael Sabino and Michael Sicari) through the unique challenges of due diligence in distressed M&A transactions. Together, they explore what happens when traditional deal timelines collide with liquidity crunches, covenant breaches and the very real deadline of a company's cash running out.

The panel unpacks the critical differences between in-court Section 363 sales and out-of-court transactions, the risks of successor liability in asset versus stock sales, and the hidden pitfalls lurking in everything from outdated ERP systems to improperly burdened overhead costs.

From PII and intellectual property considerations to the art of positioning distressed assets for the right buyer, this conversation offers practical insights for anyone navigating the high-pressure world of distressed transactions.

To learn more about turnaround management, news, and experts, visit turnaround.org.

Episode Links

Our episode is sponsored by GlassRatner.

Learn more about Skylar Bonné.

Learn more about Michael Sabino.

Learn more about Michael Sicari.

Learn more about Bethany D. Simmons.

Learn more about the Turnaround Management Association here.

Our music is by Kit and the Calltones.