Over the last two and half years, fraud and field examiners have had to battle many obstacles directly resulting from COVID mitigation strategies, including:
Accounting and finance staff of clients being completely remote
All eyes are on the largest property developer in China, the Evergrande Group, as offshore creditors holding bonds and notes are looking at billions of dollars in losses if they do not act to protect their interests in various jurisdictions. The preliminary...
The focal point of blockchain technology is the concept of decentralization—that is, no central authority exists with control and decision-making power. As blockchain technology has evolved, innovators have found creative uses of the technology to disrupt centralized structures, including the...
Today, nearly all securities around the world are held electronically at various clearinghouses, including The Depository Trust Company (DTC), Euroclear, and Clearstream International SA. Electronic holding facilitates efficient, immediate, cost-effective, and anonymous trading and contributes to...
Over the last decade, digital has become the dominant channel in advertising due to its combination of extensive reach and strong, measurable ROI performance. Digital’s primary competitive advantage over traditional forms of advertising, such as linear TV, radio, print, and out-of-home, is the...
Familiarity with sales of a debtor’s assets during a bankruptcy case is much more pervasive than in years past. Such sales, known as 363 sales and named for a section of the U.S. Bankruptcy Code, generally allow a debtor to sell its assets free and clear of liens, claims, and encumbrances, and give...
The continuing effects of the COVID-19 pandemic, the war in Ukraine, worsening inflation, and fears of a recession have roiled the world economy this year. The cryptocurrency market has not been immune to these forces and has experienced significant liquidity events, accelerating an industrywide...
As we wave goodbye to summer and transition into our respective fall schedules, I hope you enjoyed some well-deserved rest and relaxation this summer. I am certain that even a short pause in the busy schedule of a restructuring, corporate renewal, or insolvency industry professional was a welcome...
As we round the home stretch of a glorious summer in TMA Nation, all eyes turn to fall and a TMA Annual to be held in Boston, November 1-4, that will dazzle and delight. Our theme this year, “It Starts with One Connection,” highlights the beginning of a journey that speaks to what it means to be a...
New technologies have the potential to create new industries and reshape existing ones. This month’s issue of the Journal of Corporate Renewal looks at the challenges new technologies bring and how they can shape the restructuring industry, and vice versa. As one example, from the popularization of...