This new edition systematically and chronologically presents all practice-relevant aspects of M&A transactions involving distressed companies. With the support of experienced practitioners, it not only addresses fundamental questions and processes but also delves into potential problem areas of distressed M&A transactions. Compared to the first edition, many contributions have been revised to reflect the impacts of new legal frameworks. Additionally, current information and new studies that have emerged on specific topics since the first edition have been incorporated to ensure that the book continues to represent the current state of knowledge.