Corporate Restructuring (Yilmaz)
M 3:00PM - 6:00PM
In the Fall 2020 semester FNCE 791-401, Corporate Restructuring, will be offered on Mondays from 3:00 PM to 6:00 PM. Professor Bilge Yilmaz will co-teach this class with Professors James Sprayregen, Edward Sassower, Stephen Hessler from the law firm of Kirkland & Ellis, LLP. This course will explore the highly active and sophisticated deal-making environment that is the hallmark of modern distressed corporate restructuring. The course is primarily comprised of two key components. The first is groundwork-laying lectures by three of the top lawyers in the restructuring field. In particular, the lectures will focus on the fundamental legal rights and obligations of debtors, creditors, and other parties in interest in the various types of major chapter 11 cases, providing critical insight into understanding the motivations, strategies, and available tools for chapter 11 participants (which also serve as the foundation for out-of-court deals). The course also will provide a high-level valuation framework for distressed assets. The second element of the course is a series of case study panels. The professors survey the market trends from the previous year to bring together key participants from recent deals, including the CEO or chairman of the company, the judge, the lead banker, the lead lawyer, and the lead investors to give their insight and perspectives to the class. These panels will provide students real-world insights into the most current issues in the field.
To secure your spot in the class, the professors would like you to please submit your latest resume and a short blurb on your reason for wanting to take the course to Kyle.Ferrier@Kirkland.com by Sunday, June 21, 2020. Applications received by this date will be granted priority while rolling applications will be accepted thereafter based on availability. You can find the syllabus on Syllabi@Wharton.upenn.edu.
Business and Corporate Law Learning outcomes: Demonstrate a core understanding of business and corporate law; Perform legal analysis in the context of business and corporate law; Communicate effectively on topics related to business and corporate law; Demonstrate an understanding of the interconnection between the world of business and finance and that of business and corporate law, and how they affect other areas of law and society.