2008 Distressed Investing conference News (Dealscape)

2008 Distressed Investing conference

CLO market isn't dead, it's just sleeping

[Posted on March 5, 2008 at 5:32 PM]

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Filed under: 2008 Distressed Investing conference | Distressed | Private Equity

The massive drop-off in collateralized loan obligations has been a big part of the pain debt markets continue to endure. A panel at DealFlow Media Inc.'s Distressed Debt Conference 2008 discussed whether CLOs can make a comeback in the second half of 2008....

Credit crunch a boon for midmarket and turnaround firms

[Posted on March 5, 2008 at 4:19 PM]

Frozen debt markets have left private equity firms sitting on billions in dry powder for megabuyouts, but downstream in the middle market, dealmaking continues apace. A panel at DealFlow Media Inc.'s Distressed Debt Conference 2008 took a look at how middle-market buyout and turnaround firms are adjusting to new lending standards and taking advantage of turnaround and fix-up situations....

Fasten your seat belts, we're traveling through a recession

[Posted on March 5, 2008 at 1:43 PM]

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Filed under: 2008 Distressed Investing conference | Distressed | Economics | Editor's Choice

In a speech entitled "Fasten your Seat Belts, It's Going to Be a Bumpy Year" Standard & Poor's chief economist David Wyss dared to utter the dreaded "r" word at the DealFlow Media Inc.'s Distressed Debt Conference 2008 in New York....

Nine months in, no end to credit crunch

[Posted on March 5, 2008 at 12:58 PM]

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Nine months into the credit crunch, and there's still no light at the end of the tunnel, according to the consensus opinion of a panel that examined the state of the market at DealFlow Media Inc.'s Distressed Debt Conference 2008 on Wednesday....

Dealmaking after the subprime crisis

[Posted on February 6, 2008 at 4:08 PM]

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Filed under: 2008 Distressed Investing conference | Distressed

At The Deal/TMA's Distressed Investing Conference 2008, members of the keynote panel discussed both the strategy and psychology of investing in the aftermath of the subprime meltdown. The participants agreed that things were moving fast, but also said that perhaps the best opportunities had not yet surfaced....

Playing the union card

[Posted on February 6, 2008 at 3:47 PM]

During the keynote panel at The Deal/TMA's Distressed Investing Conference 2008, panelists Michael E. Heisley of Stony Lane Partners and Michael Psaros of KPS Capital Partners LP both outlined the importance of making sure to deal with the unions when it comes to doing turnarounds and restructurings in the manufacturing sector....

Defining CDOs and CLOs

[Posted on February 6, 2008 at 3:29 PM]

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At The Deal/TMA's Distressed Investing Conference 2008, Robert Contreras of Deerfield Capital Management LLC broke down the differences between CDOs and CLOs, as well as the factors driving turmoil involved with both....

Review of the state of the CLO market

[Posted on February 6, 2008 at 3:09 PM]

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Filed under: 2008 Distressed Investing conference | Private Equity

At The Deal/TMA's Distressed Investing Conference 2008, Freeport Financial LLC's Matt Gerdes commented on the problems with the leveraged loans that have yet to be syndicated....

Deals and culture in China

[Posted on February 6, 2008 at 2:44 PM]

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Filed under: 2008 Distressed Investing conference | Distressed | M&A

At The Deal/TMA's Distressed Investing Conference 2008, Frank R. Mack, CTP of Conway MacKenzie & Dunleavy, discussed the cultural challenges that foreigners face when doing deals and financings in China....

Stony Lane's Heisley on capital available for restructurings

[Posted on February 6, 2008 at 12:55 PM]

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Filed under: 2008 Distressed Investing conference | Distressed

At The Deal/TMA's Distressed Investing Conference 2008, Michael E. Heisley of Stony Lane Partners LP discussed the cycles of distressed investing by focusing on how much money is already in the market....

Grant Thorton's Tang on decision makers in China

[Posted on February 6, 2008 at 12:43 PM]

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Filed under: 2008 Distressed Investing conference | Distressed

Alan C.W. Tang of Grant Thornton LLP expounded on the challenges of brokering a restructuring deal in China at The Deal/TMA's Distressed Investing Conference 2008....

Insights into China's bankruptcy laws

[Posted on February 6, 2008 at 11:31 AM]

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Filed under: 2008 Distressed Investing conference | Distressed

Helena Huang of Kirkland & Ellis LLP provided some key insights into China's bankruptcy law at The Deal/TMA's Distressed Investing Conference 2008 touching on three important provisions in the law that she feels can expand the scale of investment....

Distressed investing in the Middle Kingdom

[Posted on February 6, 2008 at 10:28 AM]

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Filed under: 2008 Distressed Investing conference | Distressed

At The Deal/TMA's Distressed Investing Conference 2008, the final panel discussed the opportunities and challenges of distressed investing in China as it transitions to a modern, market-based economy....

Navigating China's bankruptcy laws

[Posted on February 6, 2008 at 10:18 AM]

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At The Deal/TMA's Distressed Investing Conference 2008, Helena Huang of Kirkland & Ellis LLP reviewed some of the challenges U.S. companies face in adapting to China's new bankruptcy code. No matter what the country, the judge in a bankruptcy proceeding often exercises enormous power, but in China where the financial system is still developing, there can be even more issues....

Distressed debt and the 'big boy letter'

[Posted on February 6, 2008 at 8:59 AM]

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Filed under: 2008 Distressed Investing conference | Advisers | Distressed

At The Deal/TMA's Distressed Investing Conference 2008, Brown Rudnick Berlack Israels LLP's Edward S. Weisfelner discussed the concept of "big boy letters" and its application in recent deals....

Crystal Capital's Siskin on nontraditional lenders

[Posted on February 5, 2008 at 4:36 PM]

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Filed under: 2008 Distressed Investing conference | Distressed

At The Deal/TMA's Distressed Investing Conference 2008, Edward J. Siskin of Crystal Capital chatted about the types of lenders in the restructuring marketplace and how newcomers impacted the business....

Jeff Zappone on the new complexities of workouts

[Posted on February 5, 2008 at 3:52 PM]

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While speaking at The Deal/TMA's Distressed Investing Conference 2008, Jeffrey Zappone, the CTP of Conway MacKenzie & Dunleavy, discussed how changes in the way deals are financed is having repercussions on the execution of turnaround plans in the new distressed economy....

Brown Rudnick's Weisfelner on creditor committees

[Posted on February 5, 2008 at 3:38 PM]

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During The Deal/TMA's Distressed Investing Conference 2008, Brown Rudnick Berlack Israels LLP's Edward S. Weisfelner expounded on the important restrictions that those serving on creditor committees face....

Do covenant-lite terms hamper restructuring?

[Posted on February 5, 2008 at 2:51 PM]

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Filed under: 2008 Distressed Investing conference | Distressed | Private Equity

At The Deal/TMA's Distressed Investing Conference 2008, Jim Jeffries of Wachovia Capital Markets LLC and Edward Siskin of Crystal Capital discussed the ways in which covenants-lite loans have changed the restructuring marketplace....

Standard & Poor's Robert Polenberg on CLOs

[Posted on February 5, 2008 at 2:38 PM]

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Filed under: 2008 Distressed Investing conference | Distressed

At The Deal/TMA's Distressed Investing Conference 2008, Robert Polenberg of Standard & Poor's, discussed the effects of CLOs on loan volumes and the deal economy before and after the subprime crisis....