Signa Holding secures 600 million euro lifeline for restructuring … – Investing.com Australia

Reuters. Signa Holding, the Austrian real estate giant owned by investor Ren Benko, is set to receive a critical cash infusion of 600 million euros to tackle immediate financial obligations and fuel an accelerated restructuring, according to media reports. The loan, secured at high interest rates with Signa Prime assets as collateral, is a strategic…

Contractors, the secret world of insolvency and business rescue just … – Contractor UK

Ever since the UKs ancient insolvency regime was modernised back in 1986, its inner workings (and even some of its advisers) have operated behind a protective veil of semi-secrecy, with a frustrating lack of public information available to those who need its services, including PSCs seeking fixes to financial problems, writes Nick Hood of Opus…

Commentary%3A+Bankruptcies+rising%2C+but+safeguards+exist+ … – Michigan Lawyers Weekly

Listen to this article By J.J. Conway Conway Inflation, a tight labor market, high interest rates, ongoing supply chain issues and changing consumer trends have been identified as factors contributing to a significant uptick in corporate bankruptcies filed in 2023. According to a September Market Watch report, there have been more U.S. corporate bankruptcies thus…