For company restructuring in Vietnam, businesses must strategize based on which options will bolster their operational sustainability and facilitate company preparedness and agility, factors that are essential during periods of crises like the pandemic. Businesses looking to benefit from Vietnams economic growth and rebound may consider how their corporate strategy could be optimized through restructuring…
Asian cruise operator Genting Hong Kong (GHK) has completed one of the largest restructuring deals in the… Asian cruise operator Genting Hong Kong (GHK) has completed one of the largest restructuring deals in the Asian travel sector to date. Linklaters acted for GHK on restructuring circa USD 3.5 billion of financial debt and a recapitalisation…
Corporate restructuring firm Mackay Goodwin confirmed it had been appointed as administrators for the Forum Group of companies last week and had been undertaking investigations into the viability for the continued trading of various business units within the group, which employed 200 staff. Westpac commenced proceedings in the Federal Court last month against Forum Group…
The National Health Co-op at Coombs. Photo: File. The failure of the National Health Co-operative was greeted with widespread dismay when accountants Slaven Torline made the announcement in June that it had entered voluntary administration. But now the Co-ops founding chair says members deserve a full explanation from the board, accusing directors of keeping them…
Which company did Aleksander Lukashenko, Europes last dictator of Belarus who tortured his own people, including women and children, call to launder his reputation? Which company did Asma al-Assad, wife of Syrias brutal dictator who systematically incarcerated, tortured and summarily executed his opponents, hire to clean up her image? Which company did the Bahraini government…
Mr Reynolds was advised by the Aged Care Quality and Safety Commission on Monday that sanctions had been imposed on Chronos Care over serious breaches of prudential regulations. Another family, of a woman who died in Chronos Cares Alphington facility in February, is also considering legal action over a $225,000 deposit that should have been…
Consumer Protection has issued advice for customers of SFG Relocations Pty Ltd, formerly trading as Wridgways Australia Pty Ltd, who are affected by the liquidation of the company. The company was part of a group that provided logistics, removal and warehousing services to customers within Australia and overseas. Blair Pleash of Hall Chadwick Chartered Accountants…