Buying or investing in a bankrupt or distressed company is risky and not for the faint of heart. Yet such ventures can yield big rewards for those equipped with iron stomachs and the determination to do the hard work required to turn around a troubled business.
Tim Robinson, a partner in Dinsmore’s Bankruptcy & Restructuring Practice Group, recently sat down with a reporter to discuss how it presently might be the time to pounce with distressed businesses on the market. Robinson also advises investors to look at both sides of the ledger when they do their research in the article linked below.