DeCurtis Corporation Enters into Agreement with Invictus Global Management to Strengthen Financial Position and Address Remaining Intellectual Property Claims – Yahoo Finance

Restructuring

Ample Liquidity to Fund Day-to-Day Operations During Court-Supervised Process ORLANDO, FL & AUSTIN, TX, May 01, 2023 (GLOBE NEWSWIRE) — DeCurtis Corporation (DeCurtis or the Company), the leading provider of location and proximity enabled solutions in complex environments, has entered into an agreement with Invictus Global Management, its largest prepetition secured lender, on a sale…

Lannett Company, Inc. Enters Into Restructuring Support Agreement – PR Newswire

Restructuring

Restructuring Support Agreement Supported by Holders of More Than 80% of the Company’s Senior Secured Notes and 100% of the Company’s Second Lien Term Loans Transaction Will Significantly Strengthen the Company’s Financial Position by Eliminating Approximately $511 Million of Secured Debt Through Conversion into Equity Operations to Continue Without Interruption Through and Following the Process…

Piper Sandler Expands Restructuring Investment Banking Team with the Addition of Sam Karotkin – Marketscreener.com

Restructuring

Piper Sandler Companies (NYSE: PIPR), a leading investment bank, is pleased to announce the addition of Sam Karotkin as a managing director to its restructuring investment banking team.We are very excited to welcome Sam to the team. His strong leadership skills and extensive background in restructurings, both in and out of court, will be a…

Newell Brands' 2023 Restructuring Plan And Its Valuation (NASDAQ … – Seeking Alpha

Restructuring

JHVEPhoto Company Profile Newell Brands Inc. (NASDAQ:NWL) is a company founded in 1903 with a diverse portfolio of products that includes many household brands and operates in various segments such as writing, home solutions, commercial products, baby and parenting, outdoor and recreation, and process solutions. Business segments (Company’s filing) Key Takeaways from Q1 2023 Earnings:…

Ankura launches Turnaround & Restructuring practice in Middle East – Consultancy-me.com

Restructuring

Global consultancy firm Ankura has brought one of its powerhouse lines of business turnaround and restructuring to the Middle East. Based out of Dubai and the recently launched Riyadh office, Ankura advises clients on a wide range of management consultancy, financial advisory and technology topics. In the region, most of its work focuses on mergers…

Weil Advises on the Restructuring of Frigoglass Group – Weil, Gotshal & Manges LLP

Restructuring

Weil advised an ad-hoc group of noteholders in relation to the consensual recapitalization and financial restructuring of Frigoglass S.A.I.C. and the group of companies formerly controlled by it (the Frigoglass Group). The Frigoglass Group is a Greece-based manufacturer of commercial refrigerators as well as a leading manufacturer of frozen packaging, with operations in Europe, the…

Cascades restructuring tissue business, 300 employees in US affected – Recycling Today

Restructuring

Cascades, a Kingsey Falls, Quebec-based paper and packaging producer, is restructuring its Tissue Papers platform, closing two underperforming plants as well as shutting down a virgin paper tissue machine in a move that will impact 300 employees in the U.S. Beginning in July, the company will progressively close what it says are underperforming plants in…

Vice Media axes flagship news program in sweeping restructuring – Proactive Investors USA

Restructuring

Vice Media is set to cancel its acclaimed program Vice News Tonight and undertake a sweeping restructuring that will have painful consequences for staff across the organization. According to reports, dozens of employees are set to lose their jobs, with the Washington, D.C. bureau reportedly being hit particularly hard. In a memo to staff, Vice…