The CARES Act, which sought to provide economic assistance during the global health pandemic, is exalted as an essential federal initiative. One of the most visible pieces of that Act is the PPP, which seeks to provide immediate financial assistance in the form of SBA-guaranteed loans to small and medium-sized businesses impacted by the economic uncertainties of the novel coronavirus. An important yet severe consequence is the rise of fraud in connection with misuse of PPP loan proceeds.
Better Recoveries
Result from experience and connections
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Asset Recovery
Better Recoveries Result from experience and connectionsDealing with distressed companies and bankruptcies are an unavoidable reality for all lenders. In these situations, maximizing the recovery of what is yours is critical and requires swift actions. The process becomes particularly challenging as distressed companies and individuals become more adept and creative in hiding assets.
Our team helps you untangle this complex web—using sophisticated techniques to locate, trace and recover the financial and physical property associated with your claims and counseling you through the administrative and legal phases involved.
We have an impressive track record representing many financial institutions, lenders, receivers and bankruptcy trustees on strategies to recover assets from debtors and their conspirators. We use out-of-court solutions whenever possible – but litigate and enforce when necessary. We work with you from start to finish, using all administrative and judicial processes to recover what belongs to you.
HMB has a particularly robust team focused on international asset recovery matters. Our extended network of professionals allows us to undertake investigations, identify additional parties affiliated with your claims and maximize recoveries to the fullest extent.