Marcus Ayres Discusses the Unintended Consequences of Easing Insolvency Laws During COVID-19
Ashutosh Agarwala, Senior Advisor in Duff & Phelps’ Restructuring Advisory practice, shared his views in a Mint op-ed on cross border insolvency cases of a single corporate entity. In this scenario, the main issue is forming a group for the insolvency proceedings as each firm has to be managed in its own interest. The flexibility for preferring insolvency proceedings as a group can help overcome hurdles faced during cross-border scenarios.
Read the full article here – Dealing with cross-border insolvency of a single corporate entity