Richards Kibbe & Orbe LLP partners Scott C. Budlong, Michael Friedman, Jahan Sharifi and Kenneth E. Werner co-hosted and participated in a panel discussion with CRT Capital Group LLC and Halsey Lane Holdings LLC, in conjunction with The Hedge Fund Law Report. Panelists discussed legal and business issues from the perspective of creditors receiving post-reorganization equity in distressed companies. The panelists covered topics including bankruptcy, tax, securities law and shareholder arrangements, with a focus on highlighting strategies that creditors can employ to maximize the value of their equity.