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On this day in 1804, Alexander Hamilton died from a wound he suffered the day before in a duel with then Vice-President Aaron Burr. AHamilton letter missing for more than 70 years is back on display. Trinity Wall Street, where Hamilton is buried, offers a video tour of Hamilton’s connections to the church.

On the Lighter Side

Enjoy these unpretentious seafood spots at the Jersey shore.  

Vanderwende’s, Philadelphia’s newest Old City ice cream shop, is the first Pennsylvania outpost for a popular Delaware dairy.

Here’s a new list of Philadelphia eateries offering great chicken wings.

It’s time for a summer 2022 ranking of the best barbecue sauces.

Droughts are causing trouble for makers of Italian Parmesan and Dijon mustard.

When receivership or liquidation seems like the only option, what should you do?

There are times when a contentious financial situation can result in the need for a receiver or the liquidation of collateral. The process is never easy. A disappointing auction price has led creditors into a new dispute over distribution of proceeds from the sale of the Los Angeles mansion known as “The One.” In better circumstances, a potential buyer might save your business. Having a financial advisor with the appropriate experience may result in a more satisfactory outcome.

If your business is facing difficult decisions, Asterion can help you through the process.

FYI

Ask about cable/internet access before buying a home.

Trends We’re Watching

The crash of cryptocurrency values is creating turmoil. An investment fund is heading into liquidation, a fund broker has filed for Chapter 11 protection, and Ponzi scheme allegations have been made against crypto lender.

What’s Puzzling Us

E&Y agreed to pay a $100 million SEC fine after thousands of employees admitted to cheating on ethics exams over multiple years.

What Doesn’t Surprise Us At All

The number of people who believe in sentient AI is growing, and so are problems associated with the belief.

Penguins and otters in a Japanese aquarium don’t like cheap fish.  

Thread Recommendations

After an absence of 27 years, a rare butterfly was spotted recently in a Delaware swamp.

Yukon gold miners found the remains of a baby woolly mammoth.

Audio Files

You might enjoy this podcast excerpt that describes Philadelphia’s contribution to the creation of ice cream as we know it.

Spotlight on Receiverships & Liquidation Services

Asterion, Inc. has extensive experience providing services in fiduciary roles such as trustee, receiver, examiner, plan administrator, liquidating trustee, disbursing agent, claims agent or replacement plaintiff.

July 12, 2022