Role of Advisors in Bankruptcy Process
Hi All
As this has become increasingly in vogue throughout the last 18 months, I would love for the RX experts in this forum to elucide the role of various players in the Chapter 11/7 process. Specifically, what are the different roles and purposes for RX Bankers (PJT/Evercore/HLHZ etc.), vs. Financial Advisors (Alvarez and Marsal/Alix Partners), and RX lawyers, and any other counterparties (besides the creditors and debtors obv.) that are involved in the process. Particularly i'm not clear what the diff between a PJT and A&M's role is in the process for example.
Hey Research Analyst in HF - Other, I'm the WSO Monkey Bot...do any of these help:
More suggestions...
I hope those threads give you a bit more insight.
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