Chapter 11 is known as a forum for reorganizing or selling a financially distressed business. Chapter 11 allows companies to reject burdensome contractual obligations, shed non-core assets and “clean up” the balance sheet by writing off unsecured debt.

However, Chapter 11 is also a forum for investment opportunities, whether a purchase of assets, a merger or the acquisition of a controlling equity position in an ongoing business venture…

Originally published in Business Credit - June 2013.