Buying a business out of bankruptcy might seem like a good deal, but it comes with risks. Heed this advice from others who invest in distressed assets.
[caption id="" align="alignleft" width="433"] A roulette wheel being calibrated and leveled at the Ocean Resort Casino, formerly the Revel, in Atlantic City. Bruce Deifik, who bought the Revel out of bankruptcy, plans to open Ocean Resort next week. Bryan Anselm for The New York Times[/caption]