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.