Fund Sponsors & Portfolio Company Insolvency – The National Law Review

Wednesday, February 17, 2021 COVID-19 continues to disrupt normal business operations, creating liquidity problems and negative working capital for many companies. As fund sponsors take actions to help their portfolio companies navigate through this time, they should alsosensitize directors to insolvency issuesand the associated litigation risks. As we have previously highlighted, bothfunds and fund managers…

Italian Yacht Builders Ferretti Group And Sanlorenzo Form Joint Venture To Rescue Perini Navi From Bankruptcy – Forbes

Perini Navi’s 230-foot-long Sybaris that was designed by Phillipe Briand won great acclaim in 2018. Perini Navi Two of the worlds leading yacht buildersFerretti Group and Sanlorenzoalso happen to beItalianyacht builders. So, Im not surprised that when news of another storied Italian superyacht builderPerini Naviwas in financial distress, the leadership teams from the Ferretti Group…