The Wall Street Journal (WSJ) recently published a piece on new regulatory guidelines forcing banks to sit on the sidelines for what they call “risky” M&A deals.
The increase of high-profile security breaches should prompt security experts to figure out new ways to protect our data. Let’s get real – data will always be vulnerable, but the companies that hold our data need to come up with newer and better ways to secure it.
With the Congressional budget deal in place, the impact of the Affordable Care Act incorporated into corporate forecasting and the legislative issues surrounding financial or compliance frameworks digested by the market, it’s a fairly good time to reach out to deal constituents and gauge their 2014 outlooks.
More than anything, we were focused on changing an industry and being passionate about advancing an antiquated business process around due diligence in the M&A world.
As many people know, the due diligence process has improved and continues to change, with the longstanding goal being to accelerate the overall deal process and helping to reduce the time it takes to finalize negotiations. That’s why we have seen significant growth in the last 10 years in the use of technology such as online datarooms/virtual dealrooms.
The economic forecast now seems to be improving, despite the Wall Street Journal's report on Monday that personal bankruptcy filings have topped one million for the first three quarters of 2009, as corporations are now filing for Chapter 11 at a slower rate and the pace of defaults is slowing as well.
Despite better industry leadership, economic recovery efforts and some recent upticks in the stock markets, the economy will continue to struggle in the near term before conditions stabilize and improve. There will be more bankruptcy filings, and the courts, law firms and restructuring advisors will remain busy for a while.