Insolvency practitioners — liquidators, administrators, trustees in bankruptcy, and receivers — occupy a position that carries specific investigative responsibilities. The office-holder is required to investigate the affairs of the insolvent entity, to identify assets available to the estate, and to assess whether any transactions or conduct by directors or others...
Investigating Repeat Non-Payers
Serial commercial debtors — individuals or business operators who deliberately and repeatedly fail to pay their obligations, cycling through corporate structures and business identities as previous vehicles become encumbered with debt — represent a specific category of recovery challenge. They are not simply debtors who are struggling financially. They are...
Hidden Liabilities in Acquisitions
Hidden liabilities are the most consistently damaging category of acquisition risk, and the most preventable. They are not hidden in any technical sense — they exist, they are discoverable, and in most cases they would have been visible to a properly structured due diligence process. What makes them hidden is...