CRA prepared the solvency analysis for the defendants in a $250+ million fraudulent conveyance action brought by the trustee of a bankrupt supplier of spandex and elastomeric fibers. We demonstrated that the company’s insolvency was not related to the leveraged buy-out and recapitalization transaction. Ultimately, the client obtained a favorable settlement.
Changing incentives around export voluntary self-disclosures
What companies are impacted? All US companies exporting goods, as well as non-US companies exporting/re-exporting/transferring goods subject to US jurisdiction...