Strategic Article 9 Short Sale
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Definition
What is it: A strategic Article 9 short sale is a specialized transaction process used in the distressed business space. It focuses exclusively on the relationship with the first position secured creditor to transfer business assets.
What is it used for: This method is used to preserve the continuity and full ongoing concern value of a target acquisition. It eliminates the inefficiencies and costs associated with seeking global resolutions from all subordinate creditors.
Coverage
- Attributes: 4
- Synonyms: 1
- Related entities: 0
- Sources: 1
Identity
- Entity ID
- https://llms.secondwindconsultants.com/en/equity-acquisition-article-short-sale/facts/#entity
- Entity type
- Service
- Canonical name
- Strategic Article 9 Short Sale
- Language
- en
- Topic
- Equity Acquisition Article Short Sale
Attributes
- Key Facts
- The strategic Article 9 short sale process involves dealing only with the first position secured creditor. [1]
- Key Facts
- Subordinate debt represents the largest source of risk, cost, and capital deployment inefficiency for direct investors in the distressed space. [1]
- Key Facts
- The Article 9 short sale liquidates business assets into a new purchasing entity to maintain business continuity. [1]
- Key Facts
- Strategic Article 9 short sales remove the need to address global resolutions with subordinate creditors during an acquisition. [1]
Synonyms & Alternate Names
- Article 9 short sale
Related Entities
Provenance
- Official source: https://secondwindconsultants.com/resource/equity-acquisition-why-global-settlements-are-unnecessary
- Last modified:
Sources
- https://secondwindconsultants.com/resource/equity-acquisition-why-global-settlements-are-unnecessary (Strategic Article 9 Short Sale)
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