This session reviews the difficulties facing the spirits industry and options for rehabilitation. The panelists consider some active and past cases to highlight solutions, as well as other solutions for when bankruptcy is not the best option, including an increased focus on receiverships and other out-of-court options.
Learning Objectives:
- Attendees will identify the economic, operational and market challenges contributing to financial distress within the spirits industry and related consumer-product sectors.
- Attendees will analyze restructuring and rehabilitation strategies used in distressed spirits businesses, including lessons learned from recent bankruptcy and insolvency proceedings.
- Attendees will evaluate the advantages and limitations of bankruptcy, receiverships and out-of-court restructuring alternatives when addressing distress in the spirits industry.