Banks’ near-term compromised bandwidth may prompt SMEs to embrace alternative lenders
Britain’s recent descent into a coronavirus ‘second wave’ with the UK government succumbing to scientific and political pressure to enforce another national lockdown in England, will blunt the momentum of any short-term economic recovery. Early predictions of the cost in lost GDP in the fourth quarter is forecast to be shallower than the 25% plunge in the second quarter.Restructuring expert Michael Pluta achieves 84% recovery rate for creditors of Richard Frank GmbH
Good news for creditors of the insolvent Richard Frank GmbH: restructuring expert Mr Michael Pluta from PLUTA Rechtsanwalts GmbH can distribute almost a million euros among them. The recovery rate will be 84%, an above-average amount.PLUTA supports SENNING’s successful debtor-in-possession proceedings
An investor was found for long-standing company Christian Senning Verpackungsmaschinen GmbH & Co. KG from Bremen: it has been part of the Optima Group based in Schwäbisch Hall since October 2020. This acquisition allows Optima to expand its product range. Dr Christian Kaufmann and his team from PLUTA Rechtsanwalts GmbH advised management at Senning during the debtor-in-possession proceedings.Busting the misconception that bankruptcy means no more income
There are common misconceptions as to how much you can earn during the period of your bankruptcy and restrictions associated with being bankrupt. This article will provide information to determine wheB. Riley Advisory Services Opens Office in Mexico
B. Riley Advisory Services, a specialty financial advisory services firm and subsidiary of B. Riley Financial, Inc, today announced the opening of an office in Mexico. B. Riley Advisory Services de MeWinter is coming: making plans in unpredictable times
Many corporates of all sizes feel exasperated, but not surprised, by the enduring disruption to business activity caused by the pandemic. The intensified second wave has perhaps inevitably led to a second national lockdown in England for the coming month and possibly longer.Tale of two needles: Trump and Biden locked in tight White House race
Donald Trump and Joe Biden are locked in a tight race for the White House with early indicators that Trump has once again defied pollsters in his US presidential re-election bid, which this morning remains too close to call.Australian Insolvency - October 2020
The tables in the following link summarise data essentials captured from Rodgers Reidy's daily Risk Watch publication, which provides a synopsis of the insolvency market for October 2020 including: NoAustralian Insolvency - September 2020
The tables in the following link summarise data essentials captured from Rodgers Reidy's daily Risk Watch publication, which provides a synopsis of the insolvency market for September 2020 including:GlassRatner is now officially B. Riley Advisory Services!
We are thrilled to share that GlassRatner is now officially B. Riley Advisory Services! B. Riley has consolidated its brands in an effort to drive synergies across our expansive platform as well as toWebinar Summary: Around the World with Rodgers Reidy & BTG Global Advisory
COVID-19: Impact on businesses by industry across Australia, New Zealand, Hong Kong, Malaysia, Canada and the United States.Australian Insolvency - August 2020
The tables in the following link summarise data essentials captured from Rodgers Reidy's daily Risk Watch publication, which provides a synopsis of the insolvency market for August 2020 including: NoOptions for Australian SME Businesses in financial trouble due to Covid-19
The Australian Government has introduced a number of temporary relief measures to support SME’s during these unprecedented times, including protecting directors from personal liability from insolvenAustralian Insolvency - July 2020
The tables in the following link summarise data essentials captured from Rodgers Reidy's daily Risk Watch publication, which provides a synopsis of the insolvency market for July 2020 including: No.Retailers and landlords’ uncertain fate: assessing future lockdown impacts
Retail landlords are at the frontline of the economic crisis triggered by the Covid-19 pandemic within the real estate sector. Many variables will influence how landlords, and retailers, will fare in the months and quarters ahead. First, the macro context. UK GDP fell by 19.1% in the three months to May 2020, according to the Office of National Statistics. Andrew Bailey, Governeor the Bank of England, said last week that the economy contracted between “23% and 25%” in the second quarter relative to the end of last year. While an easing in lockdown restrictions has had a positive effect on some sectors – such as the housing market, which has seen increased activity – retail, leisure and hospitality are still struggling.Find the right professional using the below dropdowns. Our reach covers the globe with a network of over 300 offices.
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