Financier Worldwide Magazine’s Post

Contrary to conventional wisdom, this study reports a positive relationship between large US firms’ leverage levels and their likelihood of emerging from bankruptcy. Collaborating with Mariachiara Barzotto and André De Moura, Ph.D., our research reveals a concerning reality: In anticipation of a favourable court outcome, which allows firms to emerge from bankruptcy with reduced debt, large US firms tend to increase their leverage levels in the years preceding the bankruptcy filing year. Suggesting strategic abuse of bankruptcy courts and creditors. I thank The British Academy for providing financial assistance for this research. I wish you all a happy and prosperous year ahead!   Link to the full article:  Bankruptcy Resolution: Misery or Strategy (https://lnkd.in/emkxXm_j)

Wrapping up our insolvency social media series with a crucial topic: Unlawful Asset Dealings and Bankruptcy – What You Should Know!

In our latest Weltman Insight, shareholder and Bankruptcy Group chair Scott Fink shares five tips for handling the increase in #bankruptcies! Tips include prioritizing bankrupt matters, making arrangements with a firm or servicer to handle overflow volume, and more. Read the full article and connect with Scott today: https://bit.ly/3Tx3wTp

Another topic on our Rocky Mountain Securities Conference #ethics panel was how attorneys are ethically bound to abide by clients' decisions, even if they disagree with them. At Fortis Law Partners LLC, we represent a lot of #entrepreneurs who are growing their business. They’ve never done many of the things we advise them on, such as raising capital, selling a business, marketing their company to investors, etc. I love helping my clients thrive and grow, navigate new waters and educate them on how these processes work. I use my extensive experience to inform my clients about what’s market and what standard term agreements are. However, if, after receiving my counsel, the client decides to agree to less advantageous terms or pursue an atypical arrangement, that is their decision. I would never go against their wishes or negotiate something different without their consent. My clients always have the final say! #attorney #mergersandacquisitions #ethical

Understand the implications of corporate bankruptcy, its types, the bankruptcy process, and some strategies to avoid it in our blog: https://zurl.co/djNe Learn more insights at our webcast: https://zurl.co/onhI #CorporateBankruptcy #BankruptcyLaw #CLE #webcast #TKG

“According to recent statistics, corporate insolvencies in Austria reached a five-year peak in the first quarter of 2024.” Christoph Reiter at CERHA HEMPEL features as a Distinguished Adviser in our Power Players report on Bankruptcy & Insolvency, imparting his insights. You can find our report here: https://lnkd.in/gFhgB-TG #Bankruptcy #Insolvency #Corporateinsolvency  

In this Q&A, Sven Mickisch, co-head of our Financial Institutions Group and recently named a Distinguished #Leader by the New York Law Journal, discusses #leaders who have inspired him as well as how #lawyers should adapt for the future. #financialinstitutions #recognition #financialservices #fintech

#SPBRestructuring discusses a recent German court decision in which the court ruled that an insolvency administrator can demand back dividend payments made to shareholders for up to four years. Learn more below!

#SPBRestructuring discusses a recent German court decision in which the court ruled that an insolvency administrator can demand back dividend payments made to shareholders for up to four years. Learn more below!

#SPBRestructuring discusses a recent German court decision in which the court ruled that an insolvency administrator can demand back dividend payments made to shareholders for up to four years. Learn more below!