Getting Paid to Play: Incentivizing Distressed Investors to Participate in a Sale Process

Bradford J. Sandler and Peter J. Keane

Brad Sandler and Peter Keane wrote this article on distressed asset sales for the January/February issue of Journal of Corporate Renewal.

“From the perspective of distressed investors looking to purchase assets through a bankruptcy sale process, participation fees can minimize risk of participating in an uncertain sale process. Simply put, participation fees can help minimize risk for distressed investors and maximize value to a debtor and its creditors.”