Despite filing for chapter 11 bankruptcy protection in the US, Avaya’s Australian arm says it’s doing just fine – Business Insider Australia

Liquidation

Digital telecommunications company Avaya filed for chapter 11 bankruptcy protection in the United States overnight, but the Australian arm insists it is business as usual despite the turmoil. Reuters reported Friday that Avaya filed for chapter 11, which is similar to voluntary administration in Australia, to restructure and reduce its massive $US6.3 billion debt, following…

Simply Mac stores closing amid apparent corporate restructuring – AppleInsider (press release) (blog)

Restructuring

  Well known Apple product purveyor Simply Mac is shuttering brick-and-mortar stores across the U.S., with conflicting reports claiming the move is either the result of corporate restructuring or a decision by Apple to end its nationwide sales agreement with the firm. According to a statement from West Acres Mall in Fargo, N.D., Simply Mac…