Mallinckrodt plc Enters into Restructuring Support Agreement with Key Stakeholders on the Terms of a Prepackaged Financial Restructuring Plan – Yahoo Finance

Agreement Supported by a Substantial Majority of Each of its First and Second Lien Debtholders and Opioid Trust Financial Restructuring Plan to Significantly Reduce Debt, Increase Free Cash Flow Generation, Extend Maturity Runway and Better Position Company for Long-Term Success  Intends to Initiate Voluntary Prepackaged Chapter 11 Proceedings to Implement Plan Continuing to Deliver High-Quality Therapies…

Advanced Traffic Management forced into liquidation, resulting in hundreds of job losses – ABC News

Hundreds of workers have lost their jobs and major construction projects have been left in limbo after WA road construction contractor Advanced Traffic Management was forced into liquidation. Key points: Workers were sacked and notified of the liquidation by text message The CFMEU has slammed the treatment of workers in the traffic control sector  Main Roads says it doesn’t expect…

Debt Settlement Duel: Crown London Aspinalls Casino Triumphs in Lawsuit Against High Roller – PokerTube

07:3424 Aug In a recent legal development, Crown London Aspinalls Casino has secured a favorable outcome in a case involving Lester Hui, a prominent high roller. The casino had contended that Hui was liable for settling a substantial 589,724 debt stemming from losses incurred in baccarat several years ago. Hui argued that the casino had…