Monitor the increase in cross-border insolvency investigations

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By Lynne Gregory and Daian Sumner (December 15, 2021, 1:59 PM EST) – Newton’s Third Law of Motion states that “for every action there is an equal and opposite reaction”.

Over the past 21 months, the coronavirus has brought unprecedented and dramatic changes to the business world, including extensive remote working, a wide range of government grants for private companies, and a change in the active or direct supervision of businesses. employees.

While most businesses have shown themselves to be remarkably resilient in the face of these challenges, some issues are starting to emerge – the misuse of government financial assistance programs and the fraudulent behavior of unsupervised employees and administrators are among them. .

Some insolvency regimes had been …

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