Emergence from Chapter 11 Bankruptcy Modeling
Learn how to build a 3 statement model for a newly emerged post-bankruptcy entity
Overview
This course starts with a company’s financials during the petition phase and participants build a three statement forecast model for the newly emerged entity. Emphasis is placed on the operational and capital structure adjustments required for the company to emerge from bankruptcy.
- Discussion of pre-petition, post-petition and emergence date timeline
- Liabilities subject to compromise
- Methods of and the need to value the emerged company
- Emergence date adjustments and goodwill
- Sources and uses for the newly restructured company
- Forecasting the income statement and balance sheet accounts
- Cash sweep debt schedule
- Building the cash flow statement and completing the integrated - three statement model