Explore the Perun Consultants blog for expert insights on forensic accounting, financial investigations, restructuring, insolvency, corporate advisory and governance. Stay informed with our concise analyses designed for professionals navigating today’s complex financial, legal and regulatory landscapes.
Directorships are pivotal positions within companies and carry a set of diverse responsibilities and legal obligations. Independent directors may step into directorship positions when companies face financial and operational distress, malfeasance and fraud, and complex regulatory challenges. Independent directors also step in to provide specialist expertise, impartial oversight, and ensure corporate governance and compliance standards are maintained. In this article, we will explore the importance of independent directors and scenarios in which they may be needed, as well as specific case studies where we have taken on directorship appointments to help clients navigate these challenging situations.
The Chinese property market has been in decline in China for the last few years, with buyers reluctant to buy and lenders unwilling to lend. Caught in the middle are cash-strapped developers. But is the situation turning around – and what can creditors and investors do?
The most sensitive indicator of economic health for our wallets is inflation, which may be defined as an increase in the overall cost of goods and services.
“A very good person to have on your side” says Who’s Who Legal. Meet Gwynn Hopkins, one of Hong Kong’s leading insolvency practitioners and forensic accounts.
Restaurants had to pivot rapidly during Covid to survive. With life now getting back to normal post-pandemic, what lessons can be learnt and what is the outlook for the food and beverage industry? Here are three thoughts for how the sector can embrace change to sustain their businesses in the long term.
As we emerge from Covid-19 into turbulent financial times, insolvencies are on the rise and businesses are under pressure. Will the number of distressed companies increase this year – and what can they do to ride out the storm?
Financial distress can devastate a business and be costly for lenders. In this guide we will explain the differences between debt restructuring and debt recovery and which option is better for lenders. We also discuss the role of an independent financial advisor and how one may help both lenders and borrowers in distressed situations.
Is the once-buoyant property market bubble in China about to burst? With funding liquidity drying up and slow sales, Chinese developers have been facing challenges on two fronts for the past few years.
The world is going through a period of unprecedented uncertainty brought on by the pandemic and its consequences. For businesses affected, this is how you can weather the storm.
The coronavirus pandemic has put the world into a tailspin. All businesses are affected as they come under unprecedented pressure from the disruption and as trade evaporates. For companies experiencing distress, the earlier its directors take action to perform a financial health check and monitor the situation, the better the prospects for survival and recovery.
In the lexicon of business, due diligence is a common – and often compulsory – part of mergers and acquisitions. But leveraging independent expertise could add value to your business transactions.
For many business owners, the pandemic of 2020 is one of the biggest professional crises they are likely to face ever as they try to maintain revenues in faltering economies. Bringing in an independent conflict director could make all the difference.
As COVID-19 continues to ravage the world, the business impact of the pandemic will be felt for years to come. The businesses that act now to improve performance could emerge financially stronger.
With no sign of COVID-19 abating, and with the pandemic surpassing all traditional benchmarks, businesses need to prepare for a paradigm shift in the “new normal”.
Determining the value of a business is a complicated and dynamic process. But with an independent valuation carried out by financial and legal specialists, you can be sure your business is fairly priced.
Whether a company is expanding internationally, improving corporate governance, or managing a complex litigation, appointing a specialist director to the board can help you navigate the right path.
It doesn’t have to be the end of the road for businesses dealing with financial difficulties or underperformance. Using independent experts to assess and restructure your business can help return your company to financial health promptly and, crucially, before any formal creditor actions.
