Advising on specialized
distressed asset transactions, such as hospitality and «fractured condo» deals, and strategic divestitures of underperforming assets
Zhang's China - based corporate practice covers transactions such as investment funds, foreign direct investment, mergers and acquisitions, private equity and venture capital, and real estate and
distressed asset transactions.
Not exact matches
What I can say from a strategic perspective is that 1) I like a purchase of
assets at historically low prices, 2) MFC has some expertise in the commodity business so this isn't completely outside their playing field, 3) perhaps, worst case, there could be a strategy to purchase the
assets in bulk at a
distress sale and then sell them off piecemeal for a profit, and 4) while this may be a role of the dice (who knows where gas prices will be a year from now) MFC is not betting the ranch; the total investment will be about CDN $ 75 million ($ 33 for the outstanding shares, $ 8 million for the warrants, $ 30 million additional investment and I've estimated $ 4 million for
transaction costs), or less than 25 % of MFC's current cash hoard.
Recently, Nick has advised on a number of complex cross-border
transactions, helped New Zealand — based companies navigate Australian markets, and connected international financial buyers with opportunities in Australian
distressed assets.
Drawing on our experience in complex
transactions, we help manage the credit risks faced by our clients, preserve value in their
distressed assets and assist manage their exposure to insolvency administration.
Restructuring & Insolvency: Leading expertise across an exceptional spread of
transactions covering a wide range of jurisdictions and complexities, including debt restructuring and rescheduling, equity capital raising and restructuring,
distressed M&A activity, debtor advisory work, formal insolvency procedures and contingency planning and investigation,
asset tracing and insolvency litigation.
We also have deep experience representing buyers and sellers of
distressed businesses and
assets, either through a § 363 sale process in bankruptcy or an out - of - court
transaction.
The Dilweg Companies believes that the current economic environment strongly favors the pursuit of opportunistic and value - added
assets, which fit the following criteria: (i) growth metros in the Southeast, (ii) middle - market
transactions valued between $ 15MM - $ 100MM, (iii)
distressed assets, or fatigued owners / lenders, and (iv) pricing significantly below replacement cost.
However, the legal challenge surrounding the
transaction underlines how arduous and lengthy the resolution of
distressed CMBS loans can sometimes get, notes Jonathan Mayblum, co-founder of real estate advisory and
asset management firm Arcturus, which advised Canyon and Trilogy on strategy, valuation and debt structure during the legal proceedings.
Major
asset / major market prices have recovered more than half of their post-peak losses, while prices for
distressed transactions have continued to bounce around the bottom.»