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Ep. 52 - Asset Recovery in Insolvency
INSOL Talks
Expertise and Experience in Asset Management
Asset managers in insolvency cases rely on expertise and experience to manage complex assets effectively. Prior to taking on a case, they gather information about the assets, ensuring they meet the minimum value requirement for appointment. Asset managers play a crucial role in pre-seizure activities, requiring technical solutions for safe recovery and effective management of assets throughout the insolvency process. Reporting to creditors, internal stakeholders, and ensuring statutory compliance are integral responsibilities for asset managers in these cases.
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