Austin's reputation as an innovative global city at the intersection of art, music, film, and digital experiences creates the perfect backdrop for this discussion about what's happening now in the world of art and creativity. From the proliferation of digital...
Can you remember when we talked about finding deal opportunities? Industry experts share their perspectives from different viewpoints as we navigate this ‘new normal’ together. This downturn will impact your career for the next...
Q: Turnaround and restructuring professionals usually work boots on the ground. How has the pandemic and the resulting virtual environment affected your work? Berret: Everyone involved, from the courts to the professionals to the DOJ, has risen to the occasion and found ways to keep cases moving in...
Amid the changing environment brought on the COVID-19 pandemic, ongoing issues in insolvency around the globe have continued to play out in recent months. In Europe, the UK made its long-anticipated break with the European Union, while Germany and the Netherlands have each enacted into law an EU...
Whether a company is large or small, public or private, the role of the CFO is moving from reporting the past to anticipating the future—and managing the associated risks and opportunities. One consequence of this expanded role and the resulting higher expectations is greater turnover. Recent...
For decades, companies in financial distress in Europe have faced different and at times difficult local laws for restructuring in each member state of the European Union. In most member states, only insolvency regimes offering court-led proceedings have been available. Such proceedings have not...
In today’s economic climate, insolvency practitioners must be diligent in preserving an estate’s assets and creative in identifying unrealized value. Insolvent entities occasionally have claims that, if properly resourced and advanced, could yield value for creditors and other stakeholders. However...
The UK left the European Union on 31 January 2020. The transitional period, during which EU law continued to apply to the UK and the UK was, in many respects, still treated as an EU member state, ended at 11 p.m. on 31 December 2020 (IPCD). At the 11th hour, the EU and the UK agreed to terms of a...
On March 13, 2020, the president officially declared the COVID-19 pandemic a national emergency. In a matter of weeks, Congress passed the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) as its initial legislative response to combat the economic fallout from the deadly virus. Exactly...
In 2014, the U.S. Bankruptcy Court for the District of Delaware issued a controversial ruling in the Fisker Automotive case limiting the amount of a secured creditor’s credit bid in a bankruptcy sale to the discounted purchase price the credit bidder had paid to acquire the secured debt. Among...
