Real Estate Developer Woodbridge Group Files for Bankruptcy Amid SEC’s Fraud Probe – Bloomberg

Woodbridge Group of Companies LLC, a high-end real estate developer, filed for bankruptcy amid the departure of its chief executive and an investigation into potential securities fraud linked to $1 billion in investments. The Chapter 11 filing on Monday in U.S. Bankruptcy Court in Wilmington, Delaware, cited unforeseen costs associated with ongoing litigation and regulatory…

Top GOP congressman: Our tax bill was ‘mislabeled’ to avoid concerns about Trump’s ‘net worth and business … – Business Insider

Rep. Mark Sanford, a South Carolina Republican, said the GOP tax bill has been mislabeled because its more about business taxes than personal taxes. Sanford said the GOP painted the tax bill as a middle-class tax cut because of President Donald Trumps net worth and business involvements. A Republican lawmaker said Tuesday that he doesnt…

FCA to investigate Provident Financial’s car financing business – Financial Times

Naomi Rovnick December 5, 2017 Experimental feature Listen to this article Play audio for this article Pause 00:00 00:00 Experimental feature Give us your feedback Thank you for your feedback. What do you think? Ill use it in the future I dont think Ill use it … Read the full article at: https://www.ft.com/content/b8df1919-deb0-3eca-988c-92cea281b1eb

Zebra Technologies Completes Comprehensive Debt Restructuring … – Business Wire (press release)

LINCOLNSHIRE, Ill.–(BUSINESS WIRE)–Zebra Technologies Corporation (NASDAQ: ZBRA), the market leader in rugged mobile computers, barcode scanners and barcode printers enhanced with software and services to enable real-time enterprise visibility, announced that today it has completed the comprehensive plan to restructure its debt, which was initiated in July 2017. Today, the company redeemed the remaining $300…

Woodbridge Group of Companies Implements Debt Restructuring via Voluntary Chapter 11; Independent Management … – Business Wire (press release)

SHERMAN OAKS, Calif.–(BUSINESS WIRE)–The Woodbridge Group of Companies, LLC and certain of its affiliates and subsidiaries (together the Company or Woodbridge) announced today that it has commenced a process to implement a debt recapitalization intended to restructure its approximately $750 million in debt. To facilitate this, Woodbridge filed voluntary petitions under Chapter 11 of the…