Services
Monitorship & Independent Oversight
Delivering independent oversight and trust in the most sensitive and high-profile matters
Regulators are increasingly leveraging pretrial settlement agreements with imposed regulatory and compliance requirements to resolve corporate wrongdoing. In many instances, independent monitors are required to ensure that reforms are executed to prevent future missteps. For those facing enforcement actions, an unbiased independent monitor can make the difference in ensuring accountability and rebuilding reputation.
Courts, government agencies, regulators, and corporations routinely engage Ankura to provide efficient and effective independent oversight and reporting services, spanning a range of contested matters that include civil suits, bankruptcy proceedings, and other regulatory and criminal enforcement actions. In these roles, our team oversees and reports on organizational performance in accordance with imposed compliance obligations and other regulatory requirements, manages the operations and assets of troubled enterprises for the benefit of creditors and defrauded parties, and oversees the administration of mass claims processes.
Offerings
- Independent Monitorships
We routinely serve as an independent, trusted broker in overseeing and reporting on prescribed compliance requirements.
- Trustee Services
We deliver a turnkey solution for trust services that leverages a multidisciplinary team of accountants, economists, financial and tax experts, data scientists, claim processors, and independent oversight resources.
- Receiverships
We draw on a breadth of expertise to preserve the assets of troubled companies, analyze complex financial transactions, uncover fraudulent conduct and other financial improprieties, and develop fair and equitable distribution plans.
- Independent Review Organization
We provide independent oversight of court-imposed, agency-mandated, or voluntary claims and arrangement review obligations.
Our Latest Thinking
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Major Automotive Manufacturer
Serving as the Independent Claims Supervisors in a Global Emissions Settlement
As the independent claims supervisor responsible for monitoring a major car manufacturer's compliance with a plaintiff class action settlement, Ankura leveraged our proprietary settlement administration system to verify the company's eligibility and award determinations on more than a half million consumer claims and tracked compliance with the broader aspects of the resolution agreements.
The Ankura Difference
Ankura is a proven market leader in designing and implementing independent monitoring and oversight solutions across a range of industries to support regulatory and enforcement actions. We believe that objectivity, fairness, efficiency, and candor are the pillars upon which a successful monitorship is built. Our team provides a deep, practical perspective based on our collective experience as national security and law enforcement professionals, executive leaders, and restructuring officers for global organizations. We approach each monitorship with the goals of evaluating and ensuring proper implementation of compliance requirements, facilitating accountability and transparency by thorough and concise reporting, and operating as fair and impartial brokers between organizations and regulators.
Key Contacts
- Anthony Milazzo
Senior Managing Director
New York, NY
- David Mardjanov
Senior Managing Director
Washington, DC
- Michael Peters
Senior Managing Director
Frankfurt am Main, Germany
- Markus Domin
Managing Director
Frankfurt am Main, Germany
