Distressed M&A transactions arise when companies face debt and contingent liabilities that are too big or when markets are shut. These can be terrific opportunities to acquire at attractive pricing. However, making these investments requires speed, cash, clever tactics and an iron stomach to take risks, often without diligence. This panel of senior M&A lawyers and actual investors will elaborate on how these deals are done – investments in and mergers with overlevered companies, as well as taking control by buying or providing debt – walking through actual cases to demonstrate key factors and tactics for actual transactions.