Non-BKY Proceedings


June 9, 2013

Buying Operating Assets from an Insolvent Seller: a Practical Guide to Assessing Legal Risk

  • Jonathan Friedland
  • Sugar Felsenthal Grais & Hammer, LLP
  • Chicago, Illinois
  • (312) 704-2770

 “One man's rubbish is another man's treasure.” -William & Robert Chambers Journal of popular literature, science and arts (1879)  "A little learning is a dangerous thing" -Alexander Pope, An Essay on Criticism (1709)  Buying a business from a financially distressed seller can present a fantastic opportunity to buy low.  Before doing so, however, any buyer must take into account a host of considerations.  These include, but aren’t limited to, operational, competitive, integration, and legal issues....

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