News & Insights

In the dynamic and often unpredictable world of hospitality, financial stability can sometimes be elusive. For many hospitality businesses in Australia, the challenges of managing debt can be overwhelming. However, the introduction of the Small Business Restructuring Process (SBRP) offers a lifeline.

Directors and shareholders can fall out for a variety of reasons. Sometimes there is fraud or dishonesty but often it is a mismatch between governance styles, risk appetite, views of the future and the value each brings to the table. Skills that may have been vital in the startup phase may be redundant, if not dangerous, to a mature business.

This article explores the key differences that can arise between listed and unlisted valuations, and the strengths and weaknesses of each methodology, taken from the viewpoint of someone who has worked on both sides of the fence.

Unlisted valuations are receiving increasing regulatory attention in Australia, with some outspoken market observers having labeled unlisted valuation practices as ‘dodgy’, while others continue to promote the methodology as superior to listed market valuations, which can be ‘irrational’ at times.

At the heart of the dispute is whether Mbappé was entitled to leave PSG on a free transfer at the end of his contract. Despite a record-breaking contract offer in 2022, unmet expectations regarding signings and miscommunication about contract terms eroded trust.

Following a decisive breakthrough in the past week in the debtor-in-possession proceedings for Stute Nahrungsmittelwerke GmbH & Co. KG, a solution is in the works for the preservation of the Abtsbrede site.

During B. Riley’s annual Institutional Investor Conference, a number of panels took place, covering a broad range of relevant topics, including best practices to ensure a successful sale and exit from your business.

B. Riley Farber advises AFOI in Obtaining $55M in financing for the construction of St. Rita at Marylake Long-Term Care Home.

B. Riley Farber Advisory Inc. is pleased to have acted as the exclusive financial advisor for the arrangement of $55M in financing for the construction of St. Rita at Marylake Long-Term Care Home in King City, Ontario from a Schedule A Bank.

The Insolvency Court of Hanover decided to terminate the debtor-in-possession proceedings on 31 August 2024. Accordingly, after eight months, the WORMLAND insolvency proceedings have been concluded with the implementation of the restructuring plan approved by the creditors’ assembly.

Volatility rippled through global markets at a breakneck speed in early August. An unexpected Bank of Japan (BOJ) interest rate hike on 31 July sparked an 8% rally against the dollar, triggering an unwinding of the yen-funded “carry trade”, where investors borrow interest-free in yen to invest in high-yielding assets globally.

B. Riley Farber Advisory Inc. acted as the exclusive financial advisor to the vendor for this transaction. B. Riley Farber Corporate Finance provides investment banking and financial advisory services in the areas of mergers & acquisitions, divestitures, debt & equity financing, business valuations, and fairness opinions.

BTG Global Advisory, a prominent international financial advisory firm, recently held its Annual General Meeting (AGM) in São Paulo, Brazil. The AGM is a pivotal event for BTG Global Advisory, bringing together its members to discuss strategic initiatives, and chart the course for future growth. The São Paulo meeting was particularly significant given the dynamic economic landscape of Latin America and the opportunities it presents.

The global aviation industry is set for record revenues, passengers and expenses in 2024, underscoring a fragile profitability amidst ongoing political, economic, supply chain and geopolitical risks.

The Australian government’s spirit tax has been fermenting trouble for local distilleries in the land down under. The tax, which has recently risen to AU$101.85 per litre of alcohol, is now the third-highest in the world. This increase is part of an automatic adjustment in line with the consumer price index (CPI), a policy that has seen the tax soar by 16% over the past three years.

TCP Partners are pleased to announce their participation in the 29th edition of Agrishow, the largest agribusiness fair in Latin America, held in Ribeirão Preto (SP). This year, Agrishow recorded R$13.608 billion in business intentions, a growth of 2.4% compared to 2023, and attracted approximately 195 thousand visitors.

The Securities and Exchange Commission (SEC) cleared the path for the eventual launch of the US exchange-traded funds (ETFs) that invest directly in ether tokens, the second-largest cryptocurrency, marking another significant milestone for the industry.