Doing a case study. The scenario is that the PE shop is looking to purchase a company out of Chapter 11. The instructions say that at close of transaction no liabilities should be assumed. Is this every liability (sans new debt) or just cliams to assets? Not too familiar with restructuring stuff so any advice would be appreciated. Thanks.
(King Kong, 1,679
Points)on 11/17/11 at 2:02am