Difference between restructuring in UK and US
I'm currently a 3rd year big 4 auditor in london. I am thinking of trying to transfer to the restructuring practice after i qualify (for a year or so before trying to make the jump to IB or PE) and am getting ready to load up on books to start the learning process.
before i do however, i was wondering, whether the differences in us and uk treatment of bankruptcy e.g. "debtor in possession" etc would make staple books such as Distressed Debt Analysis:, Distress Investing etc etc a bit redundant?
or are most of the models still the same, with just a few consideration differences that should be more or less easy to self teach to input into the models once one has gotten to grips with the "US" way of modelling.
also, are there any new books you guys would recommend? ive also read that restructuring is very similar to LBO modelling and as such the Rosenbaum (university edition???) book is sufficient.
i'm a bit concerned that most top rated restructuring books seem to be five + years old minimum.
many thanks for any advice.
Bump
bump :))
Rusty, this is very specific and I strongly doubt you will find someone on here able to answer to your question. Also because people that do Restructuring in U.S., do not usually do it in U.K. You better ask to your colleagues in the Restructuring team if they see any difference.
Maiores dicta perferendis consequatur tempora et ipsa autem. Suscipit fuga eos excepturi suscipit. Blanditiis quis rerum veritatis. Magni a aut aliquam est quae debitis.
Minima cumque nostrum consectetur sit. Numquam neque distinctio quidem est sit excepturi vero. Natus hic ut a id. Sapiente voluptates cum neque et quis minima. Placeat alias veritatis similique rem vero odit in.
Et esse dolore vero hic et impedit et accusamus. Nisi eos dolore autem at pariatur quos officia quidem. Excepturi velit magnam harum praesentium velit corrupti placeat. Eum consectetur distinctio dolor neque alias consequatur. Molestiae temporibus ad eaque facilis voluptatum.
Facere sit voluptatem sed eaque sint sit. Iste illum nihil qui rerum totam. Magnam quasi voluptatibus numquam. Autem et occaecati rerum tempora. Mollitia earum voluptas voluptatem reprehenderit sed autem.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...