Sudan to Receive Debt Relief Under the HIPC Initiative – World Bank Group

WASHINGTON, June 29, 2021The Executive Boards of the World Bank’s International Development Association (IDA) and the International Monetary Fund (IMF) have determined that Sudan has taken the necessary steps to begin receiving debt relief under the enhanced Heavily Indebted Poor Countries (HIPC) Initiative. Sudan is the 38thcountry to reach this milestone, known as the HIPC…

Buying Insolvent UK Companies Post COVID: Ten Top Tips For PE Investors – JD Supra

Many investors, including PE firms, are waiting with bated breath to see how the UK economy, currently dependent on COVID-19-related government support, will respond once that stimulus is withdrawn. An increase in UK company insolvencies is expected, creating opportunities for savvy investors to acquire businesses at bargain prices, while at the same time appearing to…