Restructuring

A little over a year ago I put out the Restructuring Interviews course, because it's what I wish I had when interviewing for my summer analyst stin...

Probably the trickiest kind of restructuring questions surround structural subordination and the dynamics of HoldCo / OpCo structures. These were ...

Coming up with a precise definition for special situations investing is a nearly impossible task. Every special situations group will have a differ...

I've been asked quite a bit to write about distressed debt interview questions and more generally about how to think about distressed investing. So...

Lazard is one of the most storied investment banks in the world with a history stretching back over 172 years.  Recruiting for Lazard is a bit dist...

While league tables in M&A tend to be relatively static - with firms taking years to rise or fall just a few positions - the smaller playing fi...

When I'm asked by those interested in restructuring what firms to target I always include Moelis in that listing. This is not just because Moelis ...

Over the past few months I've been asked about what some good networking questions are for restructuring.  It never occurred to me to include somet...

Earlier this year when I released Restructuring Interviews, I expected it to be purely of interest to those looking to get into restructuring inve...

Just like in any other area of investment banking, there exists a strict hierarchy in restructuring.  However, there are some slight differences th...

Restructuring investment banking is one of the most niche and misunderstood areas of investment banking. This is largely because there is incredibl...

As you likely already know, there are two distinct sides to restructuring investment banking: debtor side and creditor side. Large restructuring in...