NPL Dedicated, LLC’s Post

'The measure of us' is our pledge to every member of the current and future NPL community. We celebrate the things that people most value about working with us and use it to guide our future. Within our pledge, we highlight three areas that our people believe are at the core of the unique experience of working at NPL: impact, community and balance. Read more in 'The measure of us': https://lnkd.in/e_Fnnye5

January 2024 Italian NPL collections of EUR 99m were 56% down month-on-month and 12% below the January average of the three previous years, continuing the declining trend observed throughout 2023.   Based on 20 transactions where the breakdown of collections was specified, judicial proceeds amounted to EUR 64m and extrajudicial strategies EUR 18m, of which EUR 14m from DPOs and EUR 4m from note sales.. Two transactions reported EUR 17m in collections but did not provide a breakdown. Report: https://lnkd.in/eFywUAmU Press Release: https://lnkd.in/e_Ut2BEg Antonio C. Rossella Ghidoni, EMBA Paula Lichtensztein Elom Tettey Kwamin, FRM® Stefano Bracchi

🌐 tesselate Joins the Loan Market Association (LMA) (LMA) 🌐 Tesselate Group is now a proud member of the Loan Market Association (LMA), the authoritative voice of the syndicated loan market in the EMEA region. ✨ Tesselate's Core Values: At Tesselate, our purpose is to create sustainable partnerships and make a positive impact in the financial services ecosystem. Our core values of Work Ethics, Agile Partnerships, and Positive Impact guide us in building agile collaborations that leave a lasting impression. 🤝 Why LMA? Joining LMA aligns with our commitment to excellence and collaboration. As we embark on this journey, we look forward to contributing to and benefiting from the LMA's extensive network and industry insights. 🌐 About LMA: The LMA works tirelessly to educate the market, foster best practices, and facilitate dialogue among lenders, law firms, borrowers, and regulators. 🌟 What This Means for Us: Membership in LMA opens doors to a wealth of resources, industry guidance, and opportunities for meaningful engagement with key players in the syndicated loan market. 🎉 Join Us in Celebrating This Milestone! We're excited about the possibilities this collaboration brings. Thank you for your ongoing support!   #TesselateGroup #LMA #SyndicatedLoanMarket #FinancialIndustry #Collaboration   Yuri Herman Peter Draulans Said GUIDA Tim Pingnet Alexandre Arnoux Casimir Veisblat Khalid Chouka Ilias KHALLAF Sakina Chergui Saber

The last two months Hi Smart business results: > May 24/23 1️⃣ Revenues ⬆️ 197.3% 2️⃣ New business ⬆️ 248.5% 3️⃣ NPL index ↔️ 0.62% > June 24/23 1️⃣ Revenues ⬆️ 200.3% 2️⃣ New business ⬆️ 312.1% 3️⃣ NPL index ↔️ 0.6% Full satisfaction with the numbers but the best waiting ahead. July's estimations make me so happy with the CF business. 

On October 8, 2024, Verona, the city of love, hosted the 10th edition of the NPL/UTP Meeting organized by ALMA IURA. I represented Coldwell Banker Commercial at the panel chaired by Corrado Angelelli deepening the judicial vs the out of court recovery. I wanted to dedicate my speech on what I think is one of the most important role inside the judicial recovery. That is the one played by the market advisor inside the insolvency and the pre-insolvency proceedings (so called soggetto specializzato). The market advisor is engaged by the insolvency managers to reposition the collateral in the market through a competitive auction process. It is the armored van in charge of monetizing the collateral. In this context is not explainable why the Ministry neglected so far the enactment of regulations setting forth the professional and eligbility criteria. Indeed, only a competent, recognized and well organized market advisor can ensure efficiency in the recovery process. Special thanks to my fellow panelists for their contributions: Silvia Lodi, Marco Rossi, Guerino Cipriani, Christian Busca, Davide Sarina, Carmelo Raimondo.

Octaura Chief Product Officer Vitaliy Kozak and Head of Sales Howard Cohen discuss the growing demand for electronic trading over today's highly manual processes in the leveraged loan market. Read it in this article from John S. Hintze and Asset Securitization Report: https://lnkd.in/eWpbdRyx

ICYMI: “#Gold is the antithesis if to FIAT money, it's the anti #dollar. It's real and the fiats are, are printed by man." 💸 This week on #LFTV Andrew Maguire & Bill Holter discuss how individuals can take steps to protect their savings. Watch now: https://lnkd.in/ePsGW3AM

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I really enjoyed reading the recent Financier Worldwide Magazine Q&A (link below ⬇️) with Pinsent Masons on NPLs, looking particularly at the European, Indian, and Middle Eastern markets, and the ways in which financial institutions can and are addressing these loans. As an investigator, it was great to read their comments on the role of investigations in piercing the corporate veil, as well as the broader importance of information and intelligence in forming your NPL recovery strategy. This was neatly summed up by Jennifer Craven: “Knowledge is power when developing NPL litigation strategies. Effective information gathering at the outset concerning an NPL debtor’s assets and the debtor’s link to those assets is essential. It is this information that informs the enforcement strategy and helps identify potential low hanging fruit worthy of early attention in the search for quick wins. Without a strong backbone of robust and useful intelligence, NPL strategies can falter or become unnecessarily expensive.” Here here! Read the article here: https://lnkd.in/eKTTAqcj #assetrecovery #NPLs #disputeresolution

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