In this type of market environment, one or more of the following scenarios may apply: The target needs to consummate a sale quickly because the target’s cash resources are dwindling. The buyer wonders whether the distressed sale and “melting ice cube” asset valuation increase its exposure to claims from the…
Barry Chang is an associate in Baker McKenzie’s Palo Alto office and a member of the Firm’s Corporate and Securities Practice Group. Barry’s practice focuses primarily on public and private company mergers and acquisitions, carve-outs, strategic investments and other corporate transactions. He has represented clients in a variety of industries, including technology, private equity, financial services, food and retail. He most recently served as in-house corporate counsel for a leading San Francisco-based fintech company where he advised on all corporate development initiatives and strategic investments. Prior to becoming a lawyer, Barry was an analyst in Goldman Sachs’ fixed income sales and trading group, where he sold corporate bonds and credit derivatives.