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Registration for any event with a start date after Sept. 28 now requires a CFA Institute account.
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Presented by Wall Street Prep, Introduction to Restructuring & Bankruptcy 101
Delivered at top restructuring IB & Advisory firms to onboard new hires
Restructuring is a truly unique process and requires an understanding the bankruptcy framework, corporate finance and capital markets. Since the financial crisis in 2008, we have worked with the leading restructuring advisory firms to deliver the foundational knowledge required for new hires to effectively help clients. Now you have access to the same training.
What you’ll learn
We start with the basics of financial restructuring, including the dynamics of out-of-court and in-court restructuring as well as key roles ad players. From there we take a deep dive into priority of claims in bankruptcy, valuation, how to estimate possible secured and unsecured recoveries both in court and out, how the competing stakeholder motivations impact the process, as well as distinct considerations for distressed debt investors.
Standard Rate: $699
Who is this boot camp for?
This Power Session was created for anyone interested in or beginning a career in restructuring. Most attendees come from the following backgrounds:
- Investment banking analysts and associates
- Restructuring advisory and consulting
- Corporate finance and business development professionals
- Distressed debt investors
- MBA students and business undergraduates
- Anyone looking to get a better understanding of restructuring
Boot Camp Details
This boot camp is an intensive training program where we introduce trainees to financial restructuring, including major terms, concepts, common restructuring techniques and how restructuring professionals build three-statement bankruptcy models.
- Using real case studies and a step-by-step approach, learners will be introduced to the central considerations and dynamics of both out-of-court and in-court restructuring, along with major terms, concepts and common restructuring techniques.
- Learners will explore the various factors that lead to financial distress and how to impute asset values based on market prices for a company’s equity and debt trading levels and connect the concept of reorganization value to more traditional valuation concepts like enterprise value.
- Explore how the competing motivations and interests of the stakeholders in restructuring all impact the process.
- Gain insight into liquidity analysis, a recovery waterfall, and potential equity value post emergence.
- Understand the mechanics of credit bidding and 363 sales.
- Model valuation and capital structure scenarios and the impact on recoveries to the various creditors.
- Understand priority of claims and how inter-creditor agreements, secured vs unsecured, maturity and corporate structure all play a role in both in-court and out-of-court restructuring outcomes.
- Learn how restructuring fits within a variety of strategic alternatives for firms under distress.
This virtual training session is scheduled for 9a-4p (ET). The session will use interactive exercises as learners move back and forth between classroom lecture and small group breakout rooms
Comprehensive training materials (manuals and online exercises), Detailed reusable modifiable Excel model templates, Unlimited e-mail support for content-related questions for 12 months post-seminar.
This seminar presumes knowledge of financial accounting (at least 1 semester or equivalent). Participants without this background must enroll in and complete the Accounting Crash Course prior to attending the seminar.
Earn 8 CPE Credits for this Seminar
Wall Street Prep is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.
Participants may cancel up to 3 weeks prior to the event for a full refund. A 20% cancellation fee will apply up to 1 week prior to the event. No refunds will be granted for cancellations made within 1 week of the event. Wall Street Prep reserves the right to cancel the seminar if enrollment is insufficient. Trainees will be refunded in full in the event of a cancellation.