Multiparty Negotiations: Finding Bargaining Power When Financial Resources Are Scarce
By David Curry, Okin Adams LLP & Douglas J. Brickley, Managing Director, The Claro Group
One of the most common yet challenging tasks that turnaround professionals must perform are multiparty negotiations. These negotiations are particularly difficult when counterparties perceive likely outcomes to be generally negative or not beneficial to their own interest. When that is the case...
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David Curry is a partner in Okin Adams LLP's Houston office with a practice focused upon representing debtors; creditors, including creditors' committees; and other parties in interest through the restructuring process and in bankruptcy-related litigation and appellate proceedings. Curry has represented clients of diverse industry backgrounds in bankruptcy and restructuring matters, including varying companies within the offshore E&P sector.
Douglas J. Brickley is a managing director of The Claro Group LLC in Houston and the practice leader of the Corporate Finance and Restructuring Services Practice. He has more than 29 years of experience in financial advisory and investment banking services. He has been involved in numerous projects, including financial and operational restructurings, valuations, fairness opinions, solvency analyses and fraudulent transfer disputes, investment banking and corporate finance transactions, investigations of fraud and misconduct, asset divestitures and troubled company due diligence investigations in numerous industries.
