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How Will Bankruptcy Trustee and Receiver Litigation Change?


Wednesday, May 12, 2021
The disruption to the global economy that has ensued since the World Health Organization declared COVID-19 a pandemic has resulted in a sharp increase in the number of companies filing for bankruptcy. Notably, the number of U.S. bankruptcy filings by companies with over $100 million in assets increased by 84 percent during the first three quarters of 2020 compared to the same period in 2019.
[1] In the second quarter of 2020, such filings reached the second-highest total for any quarter in the last fifteen years just below the all-time high in the first quarter of 2009 during the aftermath of the 2008–2009 financial crisis (the Financial Crisis). ....

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New book highlights Prestwich's influence on Mark E Smith and The Fall


A NEW book about The Fall reveals the huge influence Prestwich had on the songwriting of frontman Mark E Smith.
Excavate! The Wonderful and Frightening World of The Fall compiles never-before-published essays and rare ephemera of the legendary post-punk band supplied by fans and collectors.
In the book, Elaine Harwood, an architectural historian with Historic England, writes about how the brutalist architecture of Mark’s hometown impacted on his lyrics and outlook.
Mark, who died in 2018 at the age of 60, grew up in Sedgley Park and an indication of his love for the area and its local mythology is indicated by the number of Prestwich buildings featured on The Fall’s early record covers. “Writing about Prestwich is just as valid as Dante writing about his inferno,” he wrote in his autobiography ....

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Cornerstone Research: After a Slow First Quarter, SEC Accounting and Auditing Enforcement Activity in 2020 Rebounds; PCAOB Activity Declines to New Low


Cornerstone Research: After a Slow First Quarter, SEC Accounting and Auditing Enforcement Activity in 2020 Rebounds; PCAOB Activity Declines to New Low
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Monetary settlements total more than $1.4 billion.
“After a steep decline in SEC accounting and enforcement activity in the first quarter of 2020, activity ramped up for the remainder of the year,” report coauthor Elaine Harwood said. “Accounting issues remained at the forefront of SEC enforcement, increasing by 10% compared to 2019.”
LOS ANGELES (PRWEB)
April 27, 2021
In a year characterized by pandemic-related challenges and the potential for a change in U.S. presidential administration, Securities and Exchange Commission accounting and auditing enforcement activity remained strong, but Public Company Accounting Oversight Board auditing-related activity declined to a new low, according to a report released today by Co ....

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