Hudson Weir
OCTOBER 10, 2023
It can allow a company to continue trading, improve cash flow, ease creditor pressure and avoid liquidation. During receivership, a creditor – such as a bank or another financial institution – appoints a person to ‘receive’ the company’s assets, liquidate them and recoup the debt. Here is our full guide to receivership.
Troutman Sanders
FEBRUARY 27, 2023
Overall, the report found that credit risks for syndicated loans — large loans originated by multiple banks — were moderate at the end of the review period. While risks to borrowers impacted by COVID-19 have declined, they remain high for leveraged loans, as well as the entertainment, recreation, and transportation services industries.
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