E6: Bankruptcy and Restructuring (Part 1) featuring Mary Elizabeth Heard, Esq.
In this episode of Alt Investing Made Easy, hosts Roland Wiederaenders and Sarah Florer discuss the complexities of bankruptcy law with attorney and expert Mary Elizabeth Heard. They explore the significance of bankruptcy in the investment landscape, particularly for small businesses and innovation. The conversation delves into the different types of bankruptcy, the role of bankruptcy courts, and the implications for investors regarding debt and equity during bankruptcy proceedings. The episode emphasizes the importance of understanding bankruptcy as a tool for financial recovery and innovation in the business world.
Takeaways
- America's economy is built on small businesses.
- Bankruptcy law is crucial for understanding investment opportunities.
- There are different types of bankruptcy: Chapter 7 and Chapter 11.
- Bankruptcy can be a positive process for restructuring businesses.
- Investors need to understand the implications of bankruptcy on their investments.
- Bankruptcy courts are specialized and focused on unique problems.
- The concept of a 'fresh start' is vital in bankruptcy.
- Old equity may be wiped out during bankruptcy proceedings.
- Investing in debt can provide better protection than equity in bankruptcy.
- Disclosure issues are critical for public companies during bankruptcy.
Chapters
00:00 Introduction to Alternative Assets and Bankruptcy Law
02:51 Understanding Bankruptcy: Types and Importance
11:55 The Role of Bankruptcy in Supporting Innovation
19:05 Navigating Debt and Equity in Bankruptcy
25:49 Conclusion and Future Insights on Bankruptcy
Creators and Guests
Host
Roland Wiederaenders
Co-founder of the Alt Investing Made Easy podcast, investment advisor, and corporate securities attorney with expertise in private investment funds, corporate/securities issues, mergers and acquisitions, partnership structuring, and federal income tax matters. Roland is also a member of Grable Martin PLLC.
Host
Sarah Florer
Co-founder of the Alt Investing Made Easy podcast, investment advisor, and corporate attorney with expertise in corporate finance and securities, structuring and restructuring, and commercial matters. Sarah is also a member of Grable Martin PLLC.
Producer
Anthony Carrano
Co-founder of the Alt Investing Made Easy podcast, fractional Chief Marketing Officer, entrepreneur, and Managing Partner at Dunamis Marketing.
