Reynolds Holding

MAY 6, 2022

It began on a bright note, as his billion-dollar hedge fund stood to profit from a possible settlement in Neiman Marcus’ bankruptcy. [1] 7] Neiman Marcus was no different – in 2017, it transferred its crown jewel asset into a subsidiary that would be out of reach of creditors if the company eventually filed for bankruptcy. [8]

Private Equity Firm 56

Private Equity Firm Capital Structure Equity Marketability 56

Appraiser Newsroom

MARCH 20, 2024

These valuations have been used by clients to support allocations of purchase price in corporate mergers and acquisitions (for both accounting and tax purposes), litigation and arbitrations, bankruptcy and reorganizations, estate and gift taxes and planning, and corporate planning and internal restructuring.

Intangible Assets 52

Intangible Assets Compliance Equity Finance 52

Reynolds Holding

APRIL 18, 2024

1] Tellingly, John Ray, who was appointed FTX CEO as part of its bankruptcy proceedings, observed that “in his 40 years of legal and restructuring experience,” which included the Enron bankruptcy, he had never seen “such a complete failure of corporate controls and such a complete absence of trustworthy financial information as occurred here.” [2]

Compliance 45

Compliance Technology Start-ups Marketability 45

Reynolds Holding

MAY 29, 2023

The combination of the collapse of the FTX group, [1] the failure of Terra’s UST stablecoin, [2] 3AC’s bankruptcy, [3] and crypto losing $2 trillion in market value became aptly known as the “Crypto Winter” of 2022-23. [4] From the perspective of DeFi and the crypto ecosystem, these constitute a type of centralized finance.

Finance 64

Finance Banking Marketability Technology 64

Reynolds Holding

JANUARY 9, 2023

class action against the Chinese-based rival to Starbucks, which filed for bankruptcy in the Cayman Islands, was legally resolved in July 2022, resulting in a $175 million payout for investors. The investor group was represented by the law firm DRRT and its attorney Christian Wefers served as model plaintiff. Luckin Coffee.

Banking 81

Banking Private Equity Firm Marketability Compliance 81

Cooley M&A

OCTOBER 4, 2023

Challenges are presented when different types of available strategic alternatives would necessarily evolve on different execution timetables. When financial distress is approaching, don’t wait until all else has failed to consider restructuring alternatives. Otherwise, a Chapter 7 liquidation proceeding may be on the table.

Equity 52

Equity Finance Equity Financing Marketability 52