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"Whenever there is change, and whenever there is uncertainty, there is opportunity."Mark Cuban, American businessman and investor

In the current global market, very few things are clear other than that volatility and change are ever-present.

In today’s turbulent economic climate, it is vital for creditors and debtors to understand the precise boundaries of their rights and duties when an enterprise becomes insolvent. Directors, officers and managers must acknowledge those to whom they owe fiduciary duties and fulfill those duties at the risk of personal liability, while creditors evaluate their potential remedies against misbehaving insiders to collect on defaulted obligations.