Analysis of an IT-company’s business and preparation of recommendations on minimizing the risks of challenging transactions and bringing the management to vicarious liability

KIAP associates were given the task of conducting an in-depth audit for business of a company on the verge of potential bankruptcy. The core goal of the audit was to identify transactions exposed to the risk of being challenged in bankruptcy, as well as to identify the risks of bringing controlling persons to vicarious liability and recovering losses from them.

In the outcome of the analysis, KIAP associates prepared a report that reflected all identified risk areas, and provided exhaustive recommendations on risk mitigation.