A company has continuing economic decline. Management makes poor decisions. Too much debt is issued, and new debt is used to fund annual budgets. A weather event damages critical assets. Tax advantages enjoyed for many years start to expire. Healthcare costs continue to grow and take a larger share...
This issue of the JCR focuses on the restructuring of Puerto Rico. Like the island’s history, the restructuring efforts involving this commonwealth were, in a word, “complicated.” Puerto Rico has a long, rich, and proud history and cultural identity. Before Christopher Columbus set foot on the...
A few years ago, a prominent Puerto Rican lawyer was musing over who was responsible for Puerto Rico’s financial woes. “It was no one’s fault, but everyone’s to blame,” he remarked. The comment is simple yet powerful, as it captures Puerto Rico’s complex finances, tenuous political standing, and...
In this session, our experts explore the impact of global, political, and economic events as well as the impact of international developments in key regions on the distressed investing and restructuring industry. Don’t miss a lively...
What in the world is going on with the global supply chain? This panel will discuss the impact of current supply chain issues, what is happening at the ports, where to look for opportunities, and when the crisis may end.
A chain is only as strong as its weakest link—explore what’s happening with the supply chain that is currently affecting both consumer goods and industrial production. What are companies doing to mitigate these issues? This session will assess the geography of...
Canada is the first G7 nation to federally legalise the use of cannabis for both medical and recreational use, and can be considered the world leader in a global trend of deregulation. Starting in 2001, authorized medical patients were legally able to access cannabis through the Medical Marijuana...
I sit writing this column at a desk looking out over the sea in Port Erin, Isle of Man. After 15 months of restrictions, I am once more finally at my mother’s home and, as the place I grew up, in my “hometown.” If all goes well, day-to-day life on the Isle of Man is a foretaste of what should very...
Remember the anticipation you felt as a child for that holiday morning for which you waited all year? I know I am not unique in that one of my favorite memories is the anticipation of the holidays in my childhood home. And like most parents, it is just as special to relive those moments through our...
