INDepth Feature Bankruptcy & Restructuring 2024 Financier Worldwide – Financier Worldwide

The coronavirus (COVID-19) pandemic was a black swan event that caused huge disruption and distress for many companies. Though it has receded, companies have been forced to contend with other financial and geopolitical challenges. Inflation, higher interest rates and wars in Ukraine and the Middle East have contributed to the squeeze. At the same time,…

Kakao Entertainment seeks restructuring, closer ties with Piccoma – Korea Economic Daily

KakaoEntertainment’sheadquartersbuilding(CourtesyofYonhap) South Korea’s Kakao Entertainment Corp., a unit of mobile platform giant Kakao Corp., is seeking renewed growth through corporate restructuring and closer ties with its global webtoon platform operator Kakao Piccoma. In a town hall meeting with employees on Friday, Kakao Entertainments two new co-chief executives Kisu Kweon and Joseph Chang said they will…