Seasoned Restructuring Veteran Joins Houlihan Lokey in Sydney – Business Wire (press release)

SYDNEY–(BUSINESS WIRE)–Houlihan Lokey, Inc. (NYSE:HLI), the global investment bank, today announced that Jim McKnight has joined the firm as a Managing Director. He is based in Sydney and will lead the firms Financial Restructuring efforts in Australia. Mr. McKnight joins from Fort Street Advisers, where he was a Principal and Head of Restructuring since 2013.…

Fast-casual burger chain Byron could close 20 restaurants after creditors approve restructuring plan – Business Insider

Byrons creditors approved a CVA plan on Wednesday. As many as 20 restaurants could close as a result. Britains casual dining sector is suffering from a nationwide consumer spending squeeze. LONDON Creditors of stricken burger chain Byron have voted almost unanimously to approve a company voluntary arrangement (CVA), which could result in as many as…

Jersey arm of UK’s second-largest construction company plunged into liquidation – ITV News

The Jersey arm of the UK’s second-largest construction company is being plunged into liquidation after buckling under a £200 million debt pile. The English domiciled Carillion PLC went into liquidation in 15 January 2018. Appointed to advise, a partner in offshore law firm, Carey Olsen, then appeared in the Royal Court of Jersey on Friday…