Richard Farr comments on RAAs for Investment & Pensions Europe
Richard Farr, was quoted in an Investment & Pensions Europe article, on the use of regulated apportionment arrangements (RAAs) in insolvency events.
Below are his quotes:
“Insolvency destroys value and if there is some value in the employer, then it is worth doing.”
“They are expensive, but RAAs were designed to maximise value extraction prior to insolvency and provide a share in the upside.”
“For the right value trade off, they are well worth doing”.
Read the full article in IPE.
Read Richard Farr’s profile.
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