Distressed Sales

Business asset sales pursuant to Section 363 of the Bankruptcy Code have become increasingly popular as a method by which buyers and sellers transfer financially distressed assets. Through a § 363 sale, company officers can fulfill their fiduciary obligations to creditors and ownership by maximizing value and minimizing transaction costs. Purchasers receive enhanced value by proceeding quickly in often deteriorating circumstances and obtaining the protections afforded by a sale “free and clear” of preexisting liens and interests, as well as enhanced finality compared to sales outside of bankruptcy.  Fort Dearborn has assisted companies through the § 363 process in a variety of situations.

Highlighted Engagements

$260M
Revenue

civil, marine, infrastructure and landscape construction and maintenance

$140M
Revenue

direct mail cataloger and web based retailer of musical instruments and accessories

$25M
Revenue

Open Die Metal Forging

$20M
Revenue

metal stamping and fabricated products

Experienced Professionals

FDP News

Sep - 20

Fort Dearborn Advises Motor Distributor

Fort Dearborn Partners served as a financial advisor for the refinancing of a $3.5M Line of Credit and $2.2M mortgage for a $20 million Illinois-based motor distributor coming... Read More

Sep - 20

Jim Sandberg Joins Fort Dearborn

Fort Dearborn Partners is pleased to announce that Jim Sandberg has joined the firm as a Senior Associate.

Read More

Jul - 20

Fort Dearborn Advises Private High School

Chicago, IL - Fort Dearborn Partners is pleased to announce that we served as exclusive financial advisor to a private high school for the refinancing of $13,000,000 in... Read More