ASIC today published a report on small business restructurings for the period 1 January 2021 to 30 June 2022 (review period). The report (REP 756) outlines the findings from ASICs review of the ASIC company register and ASIC lodgements data for all 82 small business restructuring practitioner appointments which commenced in the review period, and…
ASIC today published a report on small business restructurings for the period 1 January 2021 to 30 June 2022 (review period). The report (REP 756) outlines the findings from ASICs review of the ASIC company register and ASIC lodgements data for all 82 small business restructuring practitioner appointments which commenced in the review period, and…
With cheap capital, low-interest rates, and government support all coming to an end, insolvency cases are expected to increase in the next few months. As the restructuring process offers Asian corporates the ideal outcomes for creditors and debtors, lawyers in the space expect to have their hands full for some time. The post-pandemic bounce fuelled…
ANZ is now free to pull a Richard Branson and licence its brand to sell ANZ-branded financial products through its non-banking and non-financially regulated wing after regulators approved its restructuring, reports Callum Foote. The shutters are still down. ANZ, APRA, the Australian Bankers Association, Treasury. Nobody wants to talk about a momentous regulatory change which…
FTI Consulting, Inc. Wouter Veugelen Joins the Cybersecurity Practice Hayden White Joins the Corporate Finance & Restructuring Segment Michael Khoury Joins the Technology Segment SYDNEY, Australia, Jan. 16, 2023 (GLOBE NEWSWIRE) — FTI Consulting, Inc. (NYSE: FCN) today announced continued growth in Australia with the appointment of three Senior Managing Directors, further enhancing the firms…
The South African arm of British American Tobacco (BAT) is looking to restructure the business, a process that may affect about 200 jobs, after a further decline in its cigarette sales in the country, it said on Monday. The Dunhill and Peter Stuyvesant cigarette maker said the drop in sales in South Africa was almost…
The local arm of British American Tobacco (BAT) is looking to restructure the business, a process that may affect about 200 jobs, after a further decline in its cigarette sales in the country, it said on Monday. The Dunhill and Peter Stuyvesant cigarette maker said the drop in cigarette sales in SA was almost entirely…
CALGARY, Alberta, Jan. 16, 2023 (GLOBE NEWSWIRE) — CE Brands Inc. (TSXV: CEBI; CEBI.WT) (CE Brands, we, our, or the Company), a data-driven consumer-electronics company, is pleased to announce it has completed its previously announced restructuring of senior secured convertible notes (the Secured Note Restructuring) as well as the restructuring into senior secured notes of…
JOHANNESBURG, Jan 16 (Reuters) – The South African arm of British American Tobacco (BAT) is looking to restructure the business, a process that may affect about 200 jobs, following a further decline in its cigarette sales in the country, it said on Monday. The Dunhill and Peter Stuyvesant cigarette maker said the drop in cigarette…
One noticeable by-product of Greater Chinas tepid transactional landscape in the past year has been in a slowdown in the lateral hires of senior corporate lawyers in the region, with the trend set to continue in 2023 as economists expect Chinas growth this year to be almost the weakest in decades. Tightened COVID lockdowns have…