News & Insights

The UK Autumn Budget has intensified financial pressures on the private care home sector, already weakened by chronic underfunding and staffing shortages. Higher employer National Insurance Contributions (NICs) and a rise in the National Living Wage (NLW) will impose significant additional costs, threatening a fresh wave of closures.

Rock band Limp Bizkit’s lawsuit against Universal Music Group (UMG) is a high-profile, decades-long contractual dispute that alleges deliberate royalty concealment, financial mismanagement, fraud and breach of contract by one of the world’s largest record labels.

632,756 UK businesses are in ‘significant’ financial distress, up 5.1% on the prior quarter (Q2 2024: 601,950) and 32.3% higher than Q3 2023 (478,176)

The Restructuring Round Up dives into the world of corporate restructuring. Join our panel of experts as we explore the latest trends, challenges and strategies across diverse sectors. With in-depth discussions featuring industry experts, professional leaders and business advisors.

Knoche Maschinenbau GmbH from Bad Nenndorf in Lower Saxony has filed for insolvency. On 26 September 2024, the Local Court of Bückeburg ordered provisional insolvency proceedings for the company’s assets.

In the dynamic and often unpredictable world of hospitality, financial stability can sometimes be elusive. For many hospitality businesses in Australia, the challenges of managing debt can be overwhelming. However, the introduction of the Small Business Restructuring Process (SBRP) offers a lifeline.

Directors and shareholders can fall out for a variety of reasons. Sometimes there is fraud or dishonesty but often it is a mismatch between governance styles, risk appetite, views of the future and the value each brings to the table. Skills that may have been vital in the startup phase may be redundant, if not dangerous, to a mature business.

This article explores the key differences that can arise between listed and unlisted valuations, and the strengths and weaknesses of each methodology, taken from the viewpoint of someone who has worked on both sides of the fence.

Unlisted valuations are receiving increasing regulatory attention in Australia, with some outspoken market observers having labeled unlisted valuation practices as ‘dodgy’, while others continue to promote the methodology as superior to listed market valuations, which can be ‘irrational’ at times.

At the heart of the dispute is whether Mbappé was entitled to leave PSG on a free transfer at the end of his contract. Despite a record-breaking contract offer in 2022, unmet expectations regarding signings and miscommunication about contract terms eroded trust.

Following a decisive breakthrough in the past week in the debtor-in-possession proceedings for Stute Nahrungsmittelwerke GmbH & Co. KG, a solution is in the works for the preservation of the Abtsbrede site.

During B. Riley’s annual Institutional Investor Conference, a number of panels took place, covering a broad range of relevant topics, including best practices to ensure a successful sale and exit from your business.

B. Riley Farber advises AFOI in Obtaining $55M in financing for the construction of St. Rita at Marylake Long-Term Care Home.

B. Riley Farber Advisory Inc. is pleased to have acted as the exclusive financial advisor for the arrangement of $55M in financing for the construction of St. Rita at Marylake Long-Term Care Home in King City, Ontario from a Schedule A Bank.

The Insolvency Court of Hanover decided to terminate the debtor-in-possession proceedings on 31 August 2024. Accordingly, after eight months, the WORMLAND insolvency proceedings have been concluded with the implementation of the restructuring plan approved by the creditors’ assembly.