Tue.Mar 26, 2024

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Oxfam’s latest research says corporate America is fueling inequality

Due

In a recently released research document, Oxfam stated that major United States companies contribute to global inequality. The charity said, “The largest US corporations have been driving the inequality crisis, actively concentrating power and money in the hands of wealthy CEOs and shareholders while limiting the power of workers, influencing our politics, avoiding taxes, and accelerating climate change.

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Sector Insights: Anywhere Real Estate, Zillow, Redfin

Reorg Blog

Sector Insights: RE/MAX Holdings Inc., Anywhere Real Estate, Zillow Group, Redfin Corp., Real Estate Broker Antitrust Litigation.

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Switching accountant – you can kiss a lot of frogs

blue dot counseling

A bad accountant is like a KGB sleeper agent. Causes a lot of trouble and you don't know about it until it's too late! The post Switching accountant – you can kiss a lot of frogs appeared first on Blue Dot Consulting.

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Americas Performing Credit Research: Homebuilder and Building Products

Reorg Blog

Reorg's Americas Performing Credit team publishes quarterly sector updates highlighting key trends and performance indicators.

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A Definitive Guide to Funding Your eCommerce Business

biz2credit

In this article: How the eCommerce business model works Debt financing options for eCommerce businesses Alternative financing options for eCommerce businesses Equity financing options for eCommerce businesses How Biz2Credit helps eCommerce brands get funding The eCommerce industry has seen unprecedented growth over the last few years. And as experienced during the COVID-19 pandemic, more … Continue reading "A Definitive Guide to Funding Your eCommerce Business" The post A Definitiv

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Americas Municipals Industry Update: University of California

Reorg Blog

Reorg's municipals team provides an Americas Municipals Industry Update on the University of California. Read the full story.

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Will Altice France’s Shareholder, Drahi, Risk Losing Equity

Reorg Blog

Altice France could use the relatively new French restructuring tools to implement a debt impairment to its capital structure if a consensual deal cannot be reached, however, features of the Accelerated Safeguard (AS) process mean that majority shareholder Patrick Drahi could risk losing his equity stake.

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Ripple Labs chief financial officer says SEC is hunting for $2bn in fines

Due

Ripple Labs, a technology and cryptocurrency company, must pay the United States Securities and Exchange Commission (SEC) a presumed $2 billion in fines. The news comes from Ripple Lab’s Chief Financial Officer (CFO), Stuart Alderoty, who took to social media to post about the impending action from the SEC: As you will see when the SEC’s brief is made public tomorrow, they ask the Judge for $2B in fines and penalties. 1/4 [link] — Stuart Alderoty (@s_alderoty) March 25, 2024 Ripple CFO on

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Anywhere Real Estate’s Vulnerability to Decline in Commission Revenue From Recent Settlement, Ongoing Litigation Could be Significant; RE/MAX, Zillow, Other Companies With Fixed Fees Could See Delayed Risk If Economic Change Causes Broker Attrition

Reorg Blog

The post Anywhere Real Estate’s Vulnerability to Decline in Commission Revenue From Recent Settlement, Ongoing Litigation Could be Significant; RE/MAX, Zillow, Other Companies With Fixed Fees Could See Delayed Risk If Economic Change Causes Broker Attrition appeared first on Reorg.

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Understanding the S&P 500’s significant surge

Due

The S&P 500, a stock market index that measures the stock performance of 500 large companies listed on stock exchanges in the United States, has increased significantly by 25% over the past five months. This surge can be attributed to the monetary policy decisions made by the Federal Reserve, the country’s central banking system. The Federal Reserve, or the Fed, as it is commonly known, has been playing what can be metaphorically referred to as ‘party music’ for the financi

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Asia Transcript Roundup: Feb. 27 – March 4:

Reorg Blog

The post Asia Transcript Roundup: Feb. 27 – March 4: appeared first on Reorg.

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Credit card giants Mastercard and Visa agree $30m settlement amount for merchant charges

Due

A decadeslong antitrust saga has come to a close as Mastercard and Visa have agreed on a settlement of a rumored $30 million to limit the fees merchants face. Merchants have been pursuing a settlement for close to ten years after charges made by both credit card companies via transaction fees were seen to be hitting the pockets of businesses large and small.

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Homebuilder and Building Products Quarterly: Sectors Continue to Trade Tight; Favor More Defensive Building Products; Prefer Homebuilders Reducing Rate Buydowns, Focusing in the South

Reorg Blog

The post Homebuilder and Building Products Quarterly: Sectors Continue to Trade Tight; Favor More Defensive Building Products; Prefer Homebuilders Reducing Rate Buydowns, Focusing in the South appeared first on Reorg.

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Building credit early with Ambition Card

Due

The journey to financial independence is a marathon, not a sprint. It requires a keen understanding of financial principles, discipline, and a proactive approach to managing money. This guide provides a comprehensive roadmap on how to be financially savvy in your teens and twenties, focusing on the importance of building a strong credit score and how to achieve it.

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Will Altice France’s Shareholder, Drahi, Risk Losing Equity in an Accelerated Safeguard?

Reorg Blog

Legal Directors: Shan Qureshi, Chetna Mistry Altice France could use the relatively new French restructuring tools to implement a debt impairment to its capital structure if a consensual deal cannot be reached, however, features of the Accelerated Safeguard (AS) process mean that majority

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What are the Hidden Dangers of Minimum Credit Card Payments?

Due

Credit cards can be a highly convenient tool for facilitating daily transactions and managing personal expenses. They can also earn financial rewards, get free credit scores , secure payments from fraud, and get valuable benefits like purchase and price protection. However, if they are poorly managed, they can quickly become a financial burden. As bills rack up, cardholders may be unable to pay little more than the minimum required monthly.

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Did you know that a business can be wound up “in the public interest” ?

Cpcmcredit Blog

You learn something every day… “The process by which a company is wound up in the public interest rather than because it is insolvent. A petition for a company to be wound up in the public interest may be presented by the Secretary of State if he considers that it would be expedient in the public interest for the company to be wound up. The applicable test for the court is whether it would be just and equitable to wind up the company.

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Are There Hidden Risks in Your AR Portfolio?

Your Virtual Credit Manager

Approving a new customer for credit terms is merely the first step taken by a B2B vendor to begin an open credit relationship. Situations change, both for the vendor and for its customers. Economic circumstances may prompt a vendor to either tighten or loosen its credit policies and customer credit limits. Going beyond the impact of macroeconomic trends, a company’s customers operate in dynamic business environments, and for a majority of them, the credit risk they pose is either increasin