What does this year have in store for corporate firms?
Take a read of this piece on the Freshfields blog to find out more about how COVID-19 will impact the corporate world, what is in store in terms of new innovations, how ESG will continue to be a critical element of corporate strategy and what is needed to be in place from a cybersecurity and data preparedness perspective.
This was a very interesting read and something that all businesses should be aware of as we progress through the coming months.
These are a few of the key points I took away from the piece which I feel are relevant to us all here at Alvarez and Marsal and the work we all do:
- Beyond COVID-19 – our restructuring team, as well the economics team within the DI practice, have been working with a number of clients tackling these very issues;
- Corporate stakeholders and especially activist shareholders are something we keep a careful eye on. For more on this take a look at: https://www.alvarezandmarsal.com/insights/am-activist-alert;
- Antitrust – this is a big issue both around state aid and enforcement/litigation and something several of our professionals are keenly monitoring. If you want more on this then Chris Williams and Schellion Horn would be great contacts to speak to.
- Disputes - risk and opportunity. This is the natural home of our DI team, and we have been working on some major cases recently looking at Material Adverse Change provisions, as well as those linked to insolvencies. Speak to Gary Davies, Luke Steadman, Nikki Coles and Andrew Flower if you want more on this.
- Regulatory Risk – this comes in many shapes and sizes, and we are actively involved in assisting clients through these challenges across multiple industries, such as financial services (Paul Sharma and Suzanne Maughan) or anti-bribery and corruption (Daniel Barton, Chris Phillips and Julian Jones)
- Cybersecurity and data protection – this is a major issue for many companies in their normal businesses, as well as in transactions. This is a field that continues to be in the spotlight from a risk, litigation and regulatory perspective and an area where our experts are very active. Talk to Lorenzo Grillo or Robert Grosvenor for more on this.
Despite the challenges companies/employees have been required to navigate over the last year, organizations (if they haven’t already) should start to plan for the return to normalcy. This may mean creating new internal policies as well as migrating external data/documents from people working remotely, back to the regular data management framework.