A Hypothetical Case: Reorganizing a Business with Second-Lien Debt
by Donald S. Bernstein
Davis Polk & Wardwell; New York
This presentation examines the hypothetical case of Quantum Group Ltd. in its takeover of MICo, a publicly traded medical instruments company.
Read the full article. (Materials from the 2006 Delaware Views from the Bankruptcy Bench and Bar)
Common Intercreditor Agreement Provisions
by Harold S. Novikoff
Wachtell, Lipton, Rosen & Katz
This presentation discusses, among other intercreditor provisions, the mutual acknowledgment of, and agreement not to challenge, liens and relative lien priorities. However, not all intercreditor agreements contain all of these provisions.
Read the full article. (Materials from the 2006 Delaware Views from the Bankruptcy Bench and Bar)
Valuation of Intellectual Property and its Role in a Debtor’s Bankruptcy
by Raymond H. Lemisch and Jennifer R. Hoover
Adelman Lavine Gold and Levin
A Professional Corporation; Philadelphia
Valuation of Intellectual Property
This paper includes a brief introduction regarding various concepts related to intellectual property and its importance in today’s marketplace. Discussed are the various roles that a debtor’s intellectual property assets may play in a bankruptcy proceeding, focusing primarily on the various valuation methodologies for intellectual property assets and discussing various expert issues related to valuation.
Read the full article. (Materials from the 2006 Mid-Atlantic Bankruptcy Workshop)