Financial Restructuring: Business Bankruptcy and Modern Commercial Markets, Fourth Edition

Buy a new version of this textbook and receive access to the Connected eBook on Casebook Connect, including academic lifetime access to the online ebook with highlight, annotation, and search capabilities. Access also includes an outline tool and other helpful resources. Connected eBooks provide what you need most to be successful in your law school classes. Levitin’s Financial Restructuring: Business Bankruptcy and Modern Commercial Markets, Fourth Edition, is a comprehensive textbook on financial restructuring law, covering modern financing structures and markets, out-of-court restructuring, liability management exercises, and chapter 11 business bankruptcy.  Financial Restructuring: Business Bankruptcy and Modern Commercial Markets is a comprehensive contemporary stand-alone textbook designed to prepare students to hit the ground running in BigLaw restructuring practices. The book introduces students to modern financial transactions, products, markets, and institutions, and covers not only not only chapter 11 business bankruptcy, but also out-of-court restructurings and liability management exercises.  New to the Fourth Edition:  Expanded coverage of liability management exercises and debt covenants  Expanded coverage of fiduciary duties and governance in and outside of bankruptcy  New coverage of international restructuring and chapter 15 bankruptcy  Updated problem sets that bring students back to the same problems in bankruptcy that they have seen in out-of-court restructurings to emphasize the effect of the bankruptcy toolkit  Professors and students will benefit from:  Unique in-depth coverage of liability management exercises and out-of-court restructuring  Detailed, practical coverage of modern financial products and markets—syndicated loans, bond indentures, repos, derivatives, securitization, and claims trading Comprehensive expository text with cases as illustrations Incorporation of actual deal documents, including a bond indenture, ISDA Master Agreement, and a restructuring support agreement  Problem sets that let students engage in active learning and practice of lawyering skills