How To Pull Off A Deal As A Stalking Horse Bidder

Law360, New York (October 16, 2009, 1:34 PM EDT) -- Being first has its benefits, but a company making a play for coveted assets as a stalking horse bidder will find that pulling off such a deal is no easy feat, with parties such as creditors, judges and other outside interests to contend with, attorneys say.

Derived from practices in which a hunter would hide himself behind a horse as he stalked his prey, the term is something of a misnomer as used in today’s bankruptcy realm, where the initial bidder is far from concealed and...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.