A U.K. court approved a debt restructuring at Spanish-based Codere SA, cementing Londons role as a legal hub for troubled companies worldwide. Judge Guy Newey ruled that the case fell within the courts jurisdiction. A preliminary ruling questioned whether Codere could restructure 1.2 billion euros ($1.3 billion) of bonds issued under New York law in…
… Read the full article at: http://www.prnewswire.com/news-releases/trina-solar-announces-restructuring-of-downstream-business-management-300194411.html
Toshiba Corp. is considering slashing several thousands of jobs worldwide as it aims to restructure its loss-making, television, personal computer and white goods businesses, sources close to the matter said Tuesday. The scandal-hit conglomerate is expected to solicit early retirements and to transfer workers, the sources said, adding that the company could unveil such plans…
Law firms and banks are adding staff to their restructuring practices from Houston to New York City to scoop up new business as oil prices sink near 11-year lows, pressuring energy companies to slash debt or file for bankruptcy. At least two investment banks and one law firm have bulked up their energy and restructuring…
Sentry Group, the owners of Sentry Financial Planning, have announced they are restructuring their business and management positions following the acquisition of Wealthsure into the organisation. The restructure includes the establishment of four core divisions and functions business development, business solutions, compliance, and corporate services. Daniel Parry has been appointed as head of business development…
DAVIE, FL–(Marketwired – Dec 14, 2015) – Trunity Holdings, Inc. (OTCBB: TNTY) (OTCQB: TNTY) (“Trunity“), a pioneer of eLearning technology solutions that transform the educational experience, today announced a comprehensive restructuring plan that will result in the spin-out of its education related businesses into a private company owned by its shareholders. In conjunction with the…
NEW YORK/HOUSTON Dec 14 Law firms and banks are adding staff to their restructuring practices from Houston to New York City to scoop up new business as oil prices sink near 11-year lows, pressuring energy companies to slash debt or file for bankruptcy. At least two investment banks and one law firm have bulked up…
NEW YORK/HOUSTON Dec 14 Law firms and banks are adding staff to their restructuring practices from Houston to New York City to scoop up new business as oil prices sink near 11-year lows, pressuring energy companies to slash debt or file for bankruptcy. At least two investment banks and one law firm have bulked up…
The Yahoo logo is shown at the company’s headquarters in Sunnyvale, California April 16, 2013. The company will release its quarterly results on Tuesday. Reuters/Robert Galbraith Yahoo Inc (YHOO.O) may make big changes to its media unit, restructuring and consolidating it, including making cuts and shuttering some efforts, tech news site Re/code said. The changes…
Thomson ReutersTicker symbol for United Technologies is displayed on a screen on the floor of the New York Stock Exchange By Alwyn Scott and Amrutha Penumudi (Reuters) – United Technologies Corp forecast a slight profit rise next year and announced a $1.5 billion restructuring plan to reduce costs, sending its shares up in extended trading.…