The Panama Papers continue to shine a new light on the hidden world of money laundering, providing important details on how overseas shell corporations can be used to make dirty money look clean. Each new revelation gives federal agencies more ammunition in their fight against this brand of...
Fraudulent conveyance is a legal concept involving the transfer of property for less than equivalent value to defeat a creditor’s ability to collect from its debtor. Whether a fraudulent conveyance has occurred is highly dependent on the facts and circumstances of the case. For example, if someone...
The Journal of Corporate Renewal serves the turnaround industry as a key resource, with content that provides relevant commentary on key trends in industry and finance. One of the constants in turnarounds is dealing with fraud and litigation. Fraud is often a critical part of a turnaround case...
For Q4 2016, the Polsinelli|TrBK Healthcare Services Distress Research Index remained high, at 150, following record highs in the previous three quarters. Although the index declined by a little more than 13 points over the previous quarter, it was nearly 30 points higher than a year ago. The...
D aphne Firth is a co-founder and CEO of Solutiona Investimentos e Consultoria Ltda in São Paulo, Brazil. Solutiona is a master servicer of nonperforming loans (NPLs) in Brazil, specializing in the management of corporate middle-market secured loans. Firth oversees all aspects of the firm’s...
Disruption is the new norm across the retail industry as retailers pursue the best omnichannel approach to engaging with their customers. The proliferation of internet retail and omnichannel delivery is resulting in new priorities for the in-store experience. Brick-and-mortar retailers must now...
In 1Q 2017 and into 2Q 2017, news of retail store closures and bankruptcy filings had become commonplace, with no sign of abating. Shifting consumer shopping habits and competition from fast-fashion retailers and e-commerce have led to a more competitive marketplace and, in general, decreasing...
The state of brick-and-mortar retail in the United States is dismal. Companies are firing workers, closing stores, and filing for bankruptcy. In-store customer traffic is down, while online purchases are up. For big retail chains, the situation will worsen before it improves. Many retailers have...
Today, the customer actually is in charge. The seismic shifts in the consumer landscape have produced the “ultimate consumer”—not a demographic group defined by age but rather a mindset and set of expectations. Empowered by technology, embracing disruptive new models, and actively exploring an...
Through innovative products and experiences, retailers have historically harnessed change to their advantage. However, there has been a paradigm shift, and retailers are now undergoing a phase of disruption of their own that is forcing them to change how they do business. Many forces have...
