ABI Releases Updated Bankruptcy Business Acquisitions Manual

ABI Releases Updated Bankruptcy Business Acquisitions Manual

Contact: John Hartgen
             (703) 739-0800
             [email protected]



September 8, 2006, Alexandria, Va. — The American Bankruptcy Institute has released the Second Edition of Bankruptcy Business Acquisitions, to serve as the essential reference for anyone involved in buying or selling financially distressed companies. Richard Tilton, the editor of both editions, brought together 53 national experts to cover the full spectrum of relevant topics from the Bankruptcy Code and court system to the specifics of pre-packaged plans, bidding incentives, selling assets in regulated industries, tax issues, pension and ERISA issues, issuance of securities, intellectual property transfers and more.

The Second Edition is expanded by more than 400 pages from the first edition, which was published in 1998, and includes 30 practice-tested forms on CD-rom. A portion of the manual explains the motives and strategies of different parties, including the debtor, creditors, official committees, secured creditors, distressed-debt investors and claims traders. Separate chapters cover procedural and substantive legal issues involved in acquiring a company in financial distress, as well as discussions on pertinent cases and various strategies used in acquisitions.

Richard Tilton, former co-chair of ABI’s Asset Sales Committee, has more than 30 years experience in corporate reorganizations and distressed mergers and acquisitions. An ABI member since 1989, Tilton is the owner of Richard Tilton P.C. based in Wall, N.J.

The previous edition of Bankruptcy Business Acquisitions received notable praise, including the Commercial Law Bulletin’s review stating that the volume was 'a practical and indispensable tool for both lawyers and nonlawyers who may find themselves directly or indirectly involved in a bankruptcy sale as a buyer, a seller, a creditor, an investor or some other role.'

The 1,542-page manual is available for purchase at ABI’s Online Bookstore. Click here to order.



ABI is the largest multi-disciplinary, nonpartisan organization dedicated to research and education on matters related to insolvency. ABI was founded in 1982 to provide Congress and the public with unbiased analysis of bankruptcy issues. The ABI membership includes more than 11,500 attorneys, accountants, bankers, judges, professors, lenders, turnaround specialists and other bankruptcy professionals, providing a forum for the exchange of ideas and information. For additional information on ABI, visit www.abiworld.org. For additional conference information, visit http://www.abiworld.org/conferences.html.