Cosi, Inc. Files for Chapter 11 Restructuring – Nasdaq

Planned Section 363 Sale Will Improve Company’s Financial Position, Strengthen Brand BOSTON, Sept. 28, 2016 (GLOBE NEWSWIRE) — Cosi, Inc. (NASDAQ:COSI), the fast-casual restaurant company, today announced that it and its subsidiaries filed voluntary Chapter 11 petitions in the United States Bankruptcy Court for the District of Massachusetts, initiating a process intended…

SoLocal Group Finalises the Terms of Its Financial Restructuring Plan – Business Wire (press release)

BOULOGNE-BILLANCOURT, France–(BUSINESS WIRE)–Regulatory News: SoLocal Group (Paris:LOCAL) I. Terms and conditions of the financial restructuring plan The financial restructuring plan will be submitted to the vote of creditors on 12 October 2016, the one of shareholders on 19 October 2016, and afterwards to the approval of the Commercial court of Nanterre. The voting process is…

Restructuring Zhejiang Shipyard makes effort to return to business – Seatrade Maritime News

Sinopacific Shipbuilding Groups Zhejiang Shipyard has held a ship launching and naming ceremony earlier this week, marking the yards slow return to business amidst its bankruptcy reorganisation. The Chinese shipbuilder hosted a naming ceremony for a $15m AHTS vessel named Rawabi 201 for Singapores Vallianz Holdings, and launched a PSV for Shanghai Salvage Companys subsidiary…

EnerNOC To Restructure EIS Business, Cut Workforce By About 15% – Quick Facts – Nasdaq

Shutterstock photo (RTTNews.com) – EnerNOC Inc. ( ENOC ), a provider of energy intelligence software or EIS and demand response solutions, said it is restructuring its subscription-based EIS business to refine its focus to select industry segments and high potential customers. This includes an immediate reduction of its global workforce by about 15…

EnerNOC lays off 200 in restructuring effort – Boston Business Journal – Boston Business Journal

Timothy Healy, chairman and CEO of EnerNOC. W. Marc Bernsau EnerNOC Inc., the Boston energy software firm, said Friday that it immediately is cutting its global workforce by approximately 15 percent, with about 200 workers losing their jobs and about half of those in the company’s Seaport District headquarters. … Read the full article at:…

EnerNOC Announces Plan to Restructure its Energy Intelligence Software Business – Nasdaq

BOSTON, Sept. 23, 2016 (GLOBE NEWSWIRE) — EnerNOC, Inc. (Nasdaq:ENOC), a leading provider of energy intelligence software (EIS) and demand response solutions, announced today that it is restructuring its subscription-based EIS business to refine its focus to select industry segments and high potential customers. This move, from broad market creation to a more targeted…

No Artificial Plan for Merger, Abolition of Shipbuilding, Steel and Petrochemical Companies – BusinessKorea

The government mapped out a restructuring plan to give financial and tax support to self-restructuring companies without the artificial merger and abolition of shipbuilding, steel and petrochemical companies. With an eye towards inducing R&D and M&A, the government is planning to make good use of the Korea Development Banks financial power. Although the date is…