Utility/Renewable Energy Industry: Green Day 18: Electricity Market Restructuring Issues – BusinessKorea

The authors are analysts of NH Investment & Securities. They can be reached [email protected] [email protected], respectively. — Ed. During the Sep 2020 parliamentary inspection of government, the issue of electricity market restructuring was brought up, including a focus on the need for adjustment regarding the consolidation and abolition of KEPCOs power generation subsidiaries. Given conflicts…

2020 Recap: Corporate Restructuring Review | Dorsey & Whitney LLP – JDSupra – JD Supra

Amidst a global pandemic, there were plenty of interesting bankruptcy and restructuring events and changes that occurred in 2020. We saw new Bankruptcy Code amendments go into effect (through the Small Business Reorganization Act of 2019), a government bailout in excess of $2.3 trillion (through the CARES Act), many life-long retailers on the brink of…

Edelschick Rejoins BDO’s Business Restructuring & Turnaround Services Practice – News – ABL Advisor

BDO Consulting Group announced that Michael Edelschick has rejoined the firms Business Restructuring & Turnaround Services practice as a Managing Director and national leader of the Bankruptcy Litigation Services group. Edelschick was previously with BDO for seven years until he was hired in 2019 to lead the post-bankruptcy executive team of a specialty supermarket chain…

Seadrill New Finance Limited (the “Issuer”) – Update on Restructuring Discussions and Proposed Consent Solicitation Launch – Yahoo Finance

HAMILTON, Bermuda, July 2, 2021 /PRNewswire/ — Seadrill Limited (“Seadrill” or the “Company”) (OSE: SDRL) (OTCPK: SDRLF) and the Issuer announce that, further to the announcement made by Seadrill and the Issuer on June 18, 2021, the Issuer and certain of its subsidiaries have today agreed key commercial terms for a comprehensive restructuring of the…

Australian unions oppose installation of chancellor at Newcastle University but support pro-business restructure – WSWS

Over the past month, the National Tertiary Education Union (NTEU) and the University of Newcastle Students Association (UNSA) have waged a cynical and diversionary campaign opposing the announcement that former National Party politician Mark Vale was to become the new chancellor of the university in regional New South Wales. The NTEU, the main academic union,…

Hertz Completes Chapter 11 Restructuring Process – Business Travel News

Hertz Global Holdings has completed its Chapter 11 restructuring process, the car rental company announced Wednesday. Hertz’s Chapter 11 exit plan wasapproved by a U.S. bankruptcy courton June 10. Hertz filed for bankruptcy inMay 2020. Among theplan’s features, Hertzwill eliminate over $5 billion of debt, including all of Hertz Europe’s corporate debt. Hertz also will…