The Rise of Distressed Asset M&A: Legal Lessons from the Jet Airways Resolution and Beyond

There has been an enormous shift in the landscape of mergers and acquisitions (M&A) in India in the last decade, not only due to strategic corporate expansion but also due to the opportunities of distressed assets. Having Insolvency and Bankruptcy Code, 2016 (IBC) being a systematic approach to corporate insolvency resolution, the acquisition of troubled businesses through the distressed asset M&A has become a complex procedure that allows the investor to procure a running business despite...