Getting Paid to Play: Incentivizing Distressed Investors to Participate in a Sale Process
By Bradford J. Sandler & Peter J. Keane, Pachulski Stang Ziehl & Jones LLP
Distressed investors often spend hundreds of thousands, or even millions, of dollars conducting diligence, negotiating transaction documents, and participating in uncertain auction and legal proceedings. The process is not for the faint of heart. A distressed investor may end up with the...
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Peter J. Keane is an attorney in the Delaware office of Pachulski Stang Ziehl & Jones. His practice focuses on business reorganizations and liquidations, debtor and creditors’ rights, and other insolvency-related matters. Before joining the firm, Keane served as a law clerk for two years for the Hon. J. Michael Deasy of U.S. Bankruptcy Court for the District of New Hampshire.
Bradford J. Sandler is a partner, management committee member, and co-chair of the Committee Practice of Pachulski Stang Ziehl & Jones, and resides in the firm's New York City and Wilmington offices. He represents debtors, creditors' committees, acquirers, and other significant parties in interest in complex reorganizations and financially distressed situations, both in and out of court, throughout the United States. He is listed in the international legal ranking guide Chambers and in U.S. News & World Report's "Best Lawyers" in bankruptcy and creditor-debtor rights, and is ranked by The Deal among the top U.S. bankruptcy attorneys. He can be contacted at firstname.lastname@example.org or 215-266-8904.