Welcome back to the Big Law Business column. Im Roy Strom, and today we look at how Sidley Austin plans to try to crack to the upper echelon of Big Law restructuring practices. Sign up to receive this column in your Inbox on Thursday mornings. Building a top company-side bankruptcy practice is a great white…
Street Talk Nov 16, 2023 11.24am Heres one that slipped under the radar. Distressed debt guru Dominic Emmett is set to launch his own eponymously named firm. Dominic Emmett, top corporate restructuring partner and founder of Emmett Law. The notoriously low-profile lawyer, considered to be the godfather of complex distressed debt and special situations in…
Iress has claimed improved customer sentiment and reduced costs due to its corporate restructuring and cutting staff numbers. The firm announced earlier this year it would reduce its staff numbers by 10 per cent, Managed Fund Administration and platform services, amongst other initiatives to improve business bottom line and pay off debt. In an update…
Home News Japans Mitsui Chemicals restructuring continues amid Asia oversupply Nurluqman Suratman 30-Nov-2023 SHARE THIS SINGAPORE (ICIS)Japans Mitsui Chemicals is considering downsizing its domestic phenols business, as well as optimize domestic cracker and polyolefin operations, as part of its business restructuring, to transition into a specialty chemicals producer by the end of the decade. The…
LUXEMBOURG, Nov. 29, 2023 /CNW/ – Lorito Holdings S..r.l (“Lorito”), a private company controlled by trusts settled by the late Adolf H. Lundin, of 40, Boulevard Grande Duchesse Charlotte, L-1330 Luxembourg, announces that on November 28, 2023, it completed an internal corporate restructuring. As part of the restructuring, Lorito changed its name to Lorito Doraline S..r.l (“Lorito…
NEW YORK, Nov. 29, 2023 (GLOBE NEWSWIRE) — Epiq has been named a winner of the M&A Advisor Consumer Discretionary Deal of The Year Award (over $100MM) and was recognized for setting an extremely high standard of dealmaking. The award honors Epiq Corporate Restructuring Group and its role in the $1.59 billion restructuring of Serta…
A general view of the business district in Colombo, Sri Lanka, Sept 9, 2020. REUTERS/Dinuka Liyanawatte COLOMBO Sri Lanka has been informed that a debt-restructuring agreement with creditor nations has been reached but is yet to receive a letter of confirmation from the official creditor committee, a government source told Reuters on Wednesday. Sri Lanka,…
Byju’s, a leading player in the edtech sector, is undergoing significant changes in its leadership and structure. Anil Goel, who has been serving as the Chief Technology Officer (CTO) of Byju’s, is set to leave the company. This move is part of a larger restructuring process that the Bengaluru-based startup is currently implementing to streamline…
Stephen Morris Nov 28, 2023 5.28pm London | Barclays is exploring a plan to drop thousands of clients at its investment bank as part of a strategic overhaul that is meant to boost profits and cut 1 billion ($1.9 billion) of costs. Barclays executives have met several times this year to thrash out the restructuring,…
NEW DELHI: Top level exits at troubled edtech startup Byju’s continue. The firm’s chief technology officer (CTO) Anil Goel is leaving the company after three years, amid a broad restructuring process that India CEO Arjun Mohan is spearheading.In a statement on Monday, the firm said Jiny Thattil has been elevated as the new CTO. Thattil…