Protracted pandemic headwinds put retail landlords at centre of property sector liquidity crisis
Retail landlords’ rates of rent collection have emerged as a proxy for solvency status across the broader retail and leisure sectors. Disrupted business activities for those retailers reliant on traditional bricks and mortar footfall is severely denting their ability to make rental payments. Covid-19 has hastened the demise of the retail sector already locked in a perpetual decline for more than a decade. Driven by shifting consumer behaviour, sometimes characterised as ‘the Amazon effect‘, this decline has gathered momentum alongside the increased sophistication of supply chains and last-mile delivery infrastructure.UK economy braced for record quarterly economic contraction with more pain to come
The UK economy is braced for a record double-digit contraction in economic activity for the second quarter, with the economy expected to be worse affected than many of its European neighbours and possibly even the US.Brazillian businesses in judicial reorganization may participate in public tenders
By BTGGA member firm TCP Partners Ricardo Jacomassi, Pedro Paulo de Rezende Porto Filho , Juliano Barbosa Araujo and Lucas Rodrigues O. Silva Investments in the public sector were abruptly interruptedMarc Spizzirri Gives Update of COVID-19 Impact on Automotive Sector
Marc Spizzirri from BTGGA member firm GlassRatner recently gave an update on COVID-19 impacts on the automotive industry. In his new article published in Automotive News, "Unintended consequences ofInsolvency Matters During COVID: New Challenges for the Courts
Over the past four months, every industry has witnessed major shifts in their respective worlds. The insolvency and restructuring community is no different.Europe shows solidarity in landmark debt mutualisation commitment
Europe’s leaders have concluded four days of tortuous negotiations in Brussels to unite behind a historic coronavirus recovery fund which binds the bloc into a tighter fiscal union.Seven consecutive quarters of rising financial distress leaves 527,000 UK businesses in a precarious
The latest Red Flag Alert research for Q2 2020 has recorded seven consecutive quarters of increased financial impairment resulting in a record 527,000 businesses in significant* financial distress at the end of June 2020 - an increase of 33,000 since the beginning of the year.Australian Insolvency - June 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 June 2020 including: No.Alderney Advisors Joins GlassRatner & B. Riley Financial, Expanding Restructuring Capabilities in th
GlassRatner sister firm, B. Riley Financial, Inc. today announced it has completed an acquisition of substantially all of the assets of Alderney Advisors, LLC (“Alderney”), a leading business adviAustralian Insolvency - May 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 May 2020 including: No.Restructuring in a Restructured World: Mitigating Risks
Hosted by BTGGA member Farber on June 23 2020, this complimentary webinar will discuss the misconceptions of restructuring your business and how, if managed proactively and comprehensively, it can miGlobal airlines tentatively return to the skies as fight for survival intensifies
Airlines around the world are beginning to tentatively return to the skies after the most dramatic disruption in the sector’s history. With mass international travel unlikely to return to 2019 levelStrategic supply chain and furlough options
Survival is about being strategic. Company directors and investors that choose to simply stop paying suppliers may be hurting their own post-lockdown recovery, as well as their suppliers. In this artiFarber Advises Company in Obtaining $1.6M in Senior Debt Financing
Farber acted as exclusive financial advisor for an established and well-respected construction materials supply company to source a new financing relationship with a supportive near-bank lender. WithAviation industry braced for permanent sector restructuring
The aviation industry is in an acutely parlous state, with a wave of expected airline insolvencies imminent as the virus-induced demand shock brings to an abrupt end the sector’s decade-long ‘goldFind the right professional using the below dropdowns. Our reach covers the globe with a network of over 300 offices.
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