Resources for Distressed Muni/Tax Exempt Restructuring

Does anyone have resources on bankruptcy, restructuring and workouts for tax exempt debt. My MD has done some previously and my group is interested in this potentially. I was wondering if anyone could point me towards any resources, particularly for the revenue bond side of things. I'm mainly interested in it as it relates to workouts with a project finance component.

5 Comments
 

I've spoken to some of my muni friends in the past, and here is what they say about RX in Muni-land:

1.) Not a lot of precedence in muni's because of the limited occurrences of muni defaults.
2.) With such little precedence in place, its really a crapshoot how each state would handle said RX.

"Sounds to me like you guys a couple of bookies."
 

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