DALLAS, Texas, April 01, 2019 (GLOBE NEWSWIRE) — Southcross Energy Partners, L.P. (OTCQX: SXEE) (Southcross or the Company) today announced that the Company and its subsidiaries have filed voluntary petitions for relief under Chapter 11 of the United States Bankruptcy Code in the U.S. Bankruptcy Court for the District of Delaware. Southcross expects to continue…
CG Power and Industrial Solutions Ltd. restructured its business multiple times in the last six years, selling several of its assets including the crown jewel consumer appliances unit. But it continues to struggle with high debt. Yet, the maker of power transformers is now doing more of the same. The company, which contributes 65 percent…
The Walt Disney Company, whose acquisition of 21st Century Fox assets was finalized last month, is to keep several prominent Fox staff members in leading roles across Asia. However, at least one senior Fox executive in Asia is departing amid the restructuring. The decision to keep on multiple Fox executives appears to follow the logic…
Hexion Inc. (Hexion or the Company) today announced that it has entered into a Restructuring Support Agreement (RSA) with the vast majority of holders of each of the Companys notes issuances, representing consensus across its capital structure, on the terms of a consensual financial de-leveraging plan (the Plan) that will strengthen the Companys financial position…
(Reuters) – Canaccord Genuity Group Inc on Sunday said it will restructure its capital markets business in the United Kingdom, with uncertainty looming over the country as it prepares to exit from the European Union. The financial services company said the move is expected to result in significant job cuts in its London-based capital markets…
(Reuters) – Canaccord Genuity Group Inc on Sunday said it will restructure its capital markets business in the United Kingdom, with uncertainty looming over the country as it prepares to exit from the European Union. The financial services company said the move is expected to result in significant job cuts in its London-based capital markets…
March 31 (Reuters) – Canaccord Genuity Group Inc on Sunday said it will restructure its capital markets business in the United Kingdom, with uncertainty looming over the country as it prepares to exit from the European Union. The financial services company said the move is expected to result in significant job cuts in its London-based…
SHARE THIS ARTICLE Photographer: Simon Dawson/Bloomberg Photographer: Simon Dawson/Bloomberg Perella Weinberg Partners LP is hiring Clinton Ray and Guy Morgan from Goldman Sachs Group Inc. to expand its European restructuring business, according to people familiar with the matter. The bankers will join the firm in London in June to advise new and existing clients on…
An MP has launched a scathing attack on the former boss of RBSs scandal-hit turnaround unit GRG, after finding out that he advises the standards organisation for restructuring practices. Derek Sach, who left RBS in 2015, chairs the International Association of Restructuring, Insolvency & Bankruptcy Professionals (Insol) lenders group and is named on the organisations…
(Reuters) – Canaccord Genuity Group Inc on Sunday said it will restructure its capital markets business in the United Kingdom, with uncertainty looming over the country as it prepares to exit from the European Union. The financial services company said the move is expected to result in significant job cuts in its London-based capital markets…