The defendants in a fraudulent conveyance action brought by the trustee of a bankrupt hospital retained CRA to prepare solvency analysis. The trustee attempted to recover loans that were made before the hospital entered bankruptcy, but both the bankruptcy court and district court ruled the hospital was solvent. CRA’s expert ultimately demonstrated that the hospital was solvent, and The Seventh Circuit Court reversed the bankruptcy and district court decisions.
New study from CRA finds no material impact of stablecoins’ adoption on community bank deposits
A new empirical study by CRA addresses this pressing question—and finds no evidence of a material funding risk to community banks from current and near-future...