Picked it up last week. Its a good book to get up to speed on the industry and the process. I think the latter half of the book is more related to distressed investing and discusses certain strategies.

 
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"Creating Value Through Corporate Restructuring" by Gilson is somewhat more advanced / contains a lot more real-world examples than a book like Moyer. If you haven't read it yet then you definitely should read Moyer because it is your basic intro, required reading on restructuring/distressed. The Gilson book is case-study based so it's most helpful once you've read something like Moyer.

Another resource that has a lot of more advanced discussion is the Distressed-Debt-Investing website. Not many posts these days because the guy runs a pay site (Reorg Research) but if you dig around and read a lot of the material from back in the financial crisis, you can learn a lot. A lot of case-based discussion on some of the critical concepts. For example on fradulent conveyance:

http://www.distressed-debt-investing.com/2009/11/fraudulent-conveyance… http://www.distressed-debt-investing.com/2011/06/advanced-distressed-de…

 

I work for a bankrupt company in their Corp Fin and after talking with HLHZ and Alix Partners about crossing into restructuring the first book both rec'd was "Ten Cents on the Dollar" by Sidney Rothbers. Said it was an easy read and exposed all aspects of the restructuring process.

 

I recently ordered this book. I've read about half of it in the last couple of days. It is very easy to understand and is also pretty short (under 200 pages, small pages, large font). As far as I can tell, it doesn't really get into the banking side of restructuring/bankruptcies. It focuses on the lawyer, accountant, and creditor relationships to each other and to the bankruptcy process.

I still think its a good introduction to the bankruptcy process if you have little background knowledge, as I did.

I'll be done with the book in another couple days and would sell it in NYC at a discount to the Amazon price if anyone else is interested.

 

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