M&A Record

Some panelists and attendees said the increased role of hedge funds in the second-lien market could lead to intensified creditor disputes in distressed situations and defaults.

The number of bankruptcy filings fell by 36% to 28 filings in 2005 compared with 44 in 2004, said Edward Altman, professor of finance at New York University's Stern School of Business,... 2006-02-13

Private equity firms investing in distressed companies are not getting to look at all potential opportunities because hedge funds are swooping in and making loans to the companies... 2006-02-13

Michael O' Hara, a managing director with retail-focused investment bank Financo, has just launched Consensus Advisors, an advisory firm focused on the retail and consumer sectors.

France represents an opportunity for distressed U.S. investors because of recent legal changes adopting a more Chapter 11-style procedure for troubled companies, said Christopher... 2006-02-13

Bankruptcy and restructuring professionals were reluctant to forecast when the buoyant credit cycle will take a downturn, but still insist it's definitely coming.

"My wife and I open a bottle of red wine every time a bankruptcy is announced and if a few bankruptcies are announced around the same time, we start moving on to the champagne,"--Edward... 2006-02-13

Restructuring bankers, lawyers, turnaround professionals, and private equity and hedge fund investors gathered to discuss the ins and outs of making money off troubled companies at... 2006-02-13

For investors in certain healthcare companies, IPOs represent a good exit opportunity right now because of the robust IPO market in the sector, according to Karen Bechtel, co-head... 2005-10-24

Axia Health Management, a provider of preventive health solutions, has signed a letter of intent to buy another company, said Ben Lytle, chairman and ceo of the private-equity backed... 2005-10-24