Teneo Says Butters to Head New Global Restructuring Business – Bloomberg Law

Teneo announces that it is launching a global restructuring business following the completion of its purchase of Deloitte U.K.s restructuring services business. Daniel Butters, formerly head of U.K. restructuring services at Deloitte, will become CEO of Global Restructuring for Teneo, and as part of the companys growth plans, the business will expand into the Irish…

Teneo Launches Global Restructuring Business – PRNewswire

NEW YORKand LONDON, June 1, 2021 /PRNewswire/ — Teneo, the global CEO advisory firm, today announced the latest phase of its ongoing expansion by launching a global Restructuring business following the completion of its acquisition of the Restructuring Services business of Deloitte UK. Teneo’s new Restructuring business will comprise more than 300 specialists across Europe…

COVID-19 impact: Banks initiate process of restructuring loans up to Rs 25 cr – Business Today

To provide support to small businesses hit by the second coronavirus wave, banks have initiated the process of restructuring of loans up to Rs 25 crore in line with the COVID-19 relief measures announced by the Reserve Bank earlier this month. Many lending institutions have got board approval for the resolution framework and eligible borrowers…

Jirsch Sutherland joins international insolvency network – AccountantsDaily

The national insolvency firm has been appointed Asia-Pacific lead of a global insolvency network, set to benefit members by offering them easier access to cross-border insolvency specialists and business referrals. National insolvency specialists Jirsch Sutherland on Wednesday joined international insolvency network Global Restructuring and Insolvency Professionals (GRIP), where it will serve as lead of the…

EU Restructuring Directive to offer ailing Cyprus companies a lifeline – Cyprus Mail

On June 26, 2019, the Directive (EU) 2019/1023 of the European Parliament and of the Council of June 20, 2019 on preventive restructuring frameworks, on discharge of debt and disqualifications, and of measures to increase the efficiency of procedures concerning restructuring, insolvency and discharge of debt, and amending Directive (EU) 2017/1132 (the EU Restructuring Directive),…