M & A Law Prof Blog

Editor: Brian JM Quinn
Boston College Law School

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Monday, October 5, 2009

Flip This House: PE Edition

It's post-bust stories like that of Simmons in today's NY Times that really make one want to rethink how we do things.  The CEO walks away from this bankrupt private equity invested company with $40 million in cash, while employees lose their jobs and retirees can't even get the only retirement perk the company apparently offered - a mattress.  

-bjmq
  

http://lawprofessors.typepad.com/mergers/2009/10/flip-this-house-pe-edition.html

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