The 60-minute conversation focuses on the Federal WARN Act requirements and employment law (min-WARN Act) provisions. The expert panel will provided a general overview of employers’ obligations and an in-depth look at employees’ rights, including claims related to termination. In addition, the...
Field examiners play a crucial role in a workout by analyzing a company’s working capital to identify collateral shortfalls. During these unprecedented times, the need for early detection and intervention is crucial. While field examiners' primary focus is evaluating the collateral base, they...
There isn't much that you can control in these uncertain times. But you can take important steps to protect your company from financial destruction due to current business conditions. Cash is king, particularly during times of economic distress. But having cash in the bank does not mean that a...
As a streamlined alternative to bankruptcy or ABCs, a strategic UCC Article 9 short-sale of business assets can resolve and relaunch a business operation, predictably and efficiently, requiring only the consent of the senior creditor and defaulting borrower. Through a senior lender’s Article 9...
Australia’s federal government has instigated the first major legislative review of its corporate insolvency and restructuring regimes in more than 30 years. This review comes after decades of only piecemeal amendments, resulting in one of the most complex insolvency legislative regimes in the...
More than 18 months since the debt crisis of China’s property sector started unravelling, its lingering effects remain in the spotlight and continue to be the main focus of the debt restructuring community in this part of the world. At least 50 Chinese developers have defaulted since 2021 on an...
The economic backdrop in the UK, post-COVID, has proven to be extremely challenging for companies operating in many sectors. There are several significant factors, the likes of which haven’t been seen for a generation, which combined, make for an extremely challenging environment for businesses and...
“The COVID pandemic will put to test the UAE’s insolvency and restructuring regime,” was the topic of discussion amongst the government, legal, accounting, and insolvency fraternities in the UAE. The oil price crash that came about in 2020 as a direct result of the pandemic left many companies...
The COVID-19 pandemic has impacted companies in Turkey in many ways. Companies have experienced reductions in the demand for products and services and disruptions in supply chains. Financially, getting credit has become more difficult, and companies have had a hard time paying current debt...
