Business Modernization: Innovative and Creative Organizational Restructuring – JOSIC – Digital Intelligence

Restructuring

Modernization is an effective approach to making existing mainframe and distributed systems more responsive to business needs. To meet the demand for business innovation and agility, organizations are looking to improve the structure, flexibility and re usability of their business. An article written in the Harvard Business Review entitled, “Managing Professional Intellect: Making the Most…

SCF Group parent placed into receivership by UK backer – The Sydney Morning Herald

Restructuring

One of Australia’s largest container companies, SCF Group, will be restructured after its main backer appointed receivers to the parent companies. British investment giant Intermediate Capital Group appointed receivers from McGrath Nicol to Popeye Holdco and Popeye Bidco, the entities that own SCF Group. SCF Group is one of Australia’s largest shipping container companies. Photo: SeongJoon Cho…

Nuverra Enters Into Restructuring Support Agreement With Noteholders Holding More Than $365 Million In Secured … – Yahoo Finance

Restructuring

SCOTTSDALE, Ariz., April 12, 2017 /PRNewswire/ — Nuverra Environmental Solutions, Inc. (“Nuverra” or the “Company”) (NESC) announced today that it has entered into a Restructuring Support Agreement (“RSA” or the “agreement”) with the holders of more than 80% of the Company’s outstanding 12.50%/10.0% Senior Secured Second Lien Notes due 2021 (the “2021 Notes”) to complete…