Bondholders, rating agencies and financial advisers may have never heard of the city of Portent Falls, but that’s because it is the fictional municipality whose contentious bankruptcy case will be the focus of a free workshop aimed at bringing the financial, legal and negotiating issues of a major muni restructuring to light.

To address the ongoing rise in distressed municipalities, executives from global consulting firms Houlihan Lokey Inc. and Alvarez & Marsal Inc. along with prominent finance and restructuring attorneys on Thursday will join forces to present a free workshop called “Restructuring a Troubled Municipality — A Case Study.”

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