"We have enjoyed a long and highly productive relationship with Risk Advisory since the Group's inception. Aside from the excellence of The Risk Advisory Group’s investigative work and the creative and dynamic way in which they have approached every assignment, their team-based and value-driven approach goes hand in hand with the highest standards of professional integrity and commitment to the clients’ best interests."

Keith Oliver, Partner, Peters & Peters

 

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Monitoring an investment to ensure contractual compliance



Our client, a European bank, led a syndicated loan to a Turkish shipbuilding company. The loan was to finance the construction of a number of vessels for a Turkish shipping company. Although the loan was approved, it was decided to monitor discreetly the company’s performance.

We subsequently observed that the order for ships was dramatically scaled back. We then investigated rumours that the shipbuilder was attempting to mortgage or sell vessels under construction without consulting our client as required by the loan agreement. These rumours proved to be partially accurate. Our client engaged in pre-emptive talks with the company and then assisted the shipyard in winning new orders, advancing further loans to meet cash flow demands.
The Risk Advisory Group (Holdings) plc Registered Office: 10-12 Russell Square London WC1B 5EH Place of Registration: England and Wales Company Number: 5188468