Example Aged care case study page

Submitted by admin on Mon, 09/02/2024 - 00:30

Example long description. Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum.

How an insolvent travel industry giant got back on track

Submitted by admin on Thu, 03/02/2023 - 01:51

How can a grounded business fly high again?

The HNA Group was already struggling when COVID-19 compounded its debt crisis.

It had seemed like an expansionist success story. Starting out as a one-aircraft operator in China’s southernmost province of Hainan in 1990, HNA became the country’s fourth largest airline after a decade of highly leveraged acquisitions.

How a government struggling with debt navigated towards a brighter future

Submitted by admin on Thu, 03/02/2023 - 00:19

How can a government bounce back from insolvency?

Struggling with debt, Puerto Rico’s government needed a comprehensive plan to reduce its liabilities and restore economic prosperity.

"It was clear that Puerto Rico was in deep financial distress,” says David Skeel, Chairman of the Oversight Board appointed to help the Commonwealth get back on track. “It wasn't just one area... It had too much debt. The government was too big. The government was inefficient, and it was just clear that everybody, across the board, had to sacrifice to get things back on track.”

How do you cut through complex foreign exchange contracts to deliver a cost-effective outcome for creditors?

Submitted by admin on Sun, 11/06/2022 - 23:03

EY Partners were appointed as Administrators of EncoreFX (Australia) Pty Ltd and successfully implemented a process to assess proprietary claims and return funds to impacted creditors.

On 30 March 2020 Adam Nikitins and Stewart McCallum were appointed joint and several Voluntary Administrators of EncoreFX (Australia) Pty Ltd (“EncoreFX”).

How do you manage wide ranging stakeholders through a fast-tracked sale process?

Submitted by admin on Tue, 09/27/2022 - 01:09

EY Partners were appointed as Administrators of Sargon and achieved a successful sale of its business and asset via an accelerated sale process.

On 3 February 2020, Stewart McCallum and Adam Nikitins were appointed Joint and Several Voluntary Administrators of eight entities within the Sargon Group (“Sargon”).