Category Archives: Restructuring

Ministry of Finance issues new corporate tax decisions on intra-group transfers, determination of taxable income and restructuring relief – ZAWYA

Clarifying conditions for carrying out business restructuring without causing corporate tax liabilities. Streamlining the process of calculating taxable income for UAE businesses. Abu Dhabi, UAE: The UAE Ministry of Finance has issued three new Ministerial Decisions for the purposes of Federal Decree-Law No 47 of 2022 on the Taxation of Corporations and Businesses. These include…

ATO focus areas for tax time 2023 | INTHEBLACK – INTHEBLACK

By Elinor Kasapidis The ATO is maintaining its focus on workrelated expenses and rental property deductions this year. Cryptocurrency and private use of business assets are also mentioned regularly. With a revised fixed rate of 67 cents per hour for working from home (WFH) expenses from 2022-2023, the ATO is expected to check that taxpayers are…

Newell Brands: Strategic Restructuring Should Better Position The … – Seeking Alpha

Klaus Vedfelt Thesis As I mentioned previously, the odds between the Bull and Bear case for Newell Brands (NASDAQ:NWL) is 50/50, and the share price action since February seems to indicate that the bear case is right (catching a falling knife). From a purely objective standpoint, I believe 1Q23 results vindicated the bear case. The…

Bankruptcy Partner Joseph Zujkowski Joins Gibson Dunn in New York – Gibson Dunn

May 30, 2023 Gibson, Dunn & Crutcher LLP is pleased to announce that Joseph Zujkowski has joined the firms New York office as a partner, where he will continue his business restructuring and reorganization practice. We are excited to welcome Joe to Gibson Dunn, said Mylan Denerstein, Co-Partner-in-Charge of the firms New York office.  Joe…

Diebold Nixdorf, Incorporated Enters into Global Debt Restructuring … – PR Newswire

HUDSON, Ohio, May 30, 2023 /PRNewswire/ — Diebold Nixdorf, Incorporated (the “Company”) (NYSE:DBD) today announced it has entered into a restructuring support agreement with certain of its key financial stakeholders to effectuate a comprehensive debt restructuring transaction that is intended to be completed efficiently and quickly. The restructuring is expected to significantly reduce debt and leverage…

Clyde & Co continues rapid expansion of corporate offering in the … – Clyde & Co

Global law firm Clyde & Co has today announced the team hire of 13 corporate lawyers, including Nora Al Muhamad, Darren Harris, and Alan Wood as partners in its global Corporate & Advisory practice. They are joined by a team of legal directors, senior associates, associates, and trainees. The team hire represents one of the…

SciSparc Makes Another Step Towards Unlocking Potential Value Appoints New Strategy and Business Development VP – Marketscreener.com

As part of the Company’s corporate restructuring plan, Mr. Yaki Baranes will facilitate identifying new business opportunitiesTEL AVIV, Israel, May 30, 2023 (GLOBE NEWSWIRE) — SciSparc Ltd. (Nasdaq: SPRC) (Company or SciSparc), a specialty clinical-stage pharmaceutical company focusing on the development of therapies to treat disorders of the central nervous system, today announced that as…

Diebold Nixdorf, Incorporated Enters into Global Debt Restructuring … – Marketscreener.com

HUDSON, Ohio, May 30, 2023/PRNewswire/ — Diebold Nixdorf, Incorporated (the “Company”) (NYSE:DBD) today announced it has entered into a restructuring support agreement with certain of its key financial stakeholders to effectuate a comprehensive debt restructuring transaction that is intended to be completed efficiently and quickly. The restructuring is expected to significantly reduce debt and leverage levels…

Service trusts in bankruptcy management and risk disposal – Law.asia

The Notice on Standardising the Classification of Trust Business of Trust Companies, issued by the China Banking and Insurance Regulatory Commission (CBIRC), classifies trust business into three categories with a total of 25 business varieties, and clearly defines the risk disposal service of trust business as a special business category. This article describes the application…

FRP announces 12 new partner promotions – Consultancy.uk

Business advisory firm FRP has announced a dozen partner promotions across its UK services. The move comes as part of 73 promotions across FRPs corporate finance, restructuring advisory, financial advisory, forensic services and business development teams, as well as support functions including IT and HR. With more than 570 staff, FRP is a specialist consulting…