Europcar Mobility Group in a Position to Finalize Its Financial Restructuring Plan and Accelerate Its Strategic Plan “Connect”, Thus Opening a New Chapter in the Group’s History – Business Wire

PARIS–(BUSINESS WIRE)–Regulatory News: Europcar Mobility Groups (Paris:EUCAR) Extraordinary General Meeting was held on January 20, 2021 under the chairmanship of Mr. Jean-Paul Bailly, Chairman of the Supervisory Board. A quorum of 37,25% was reached. In light of the COVID-19 epidemic and in accordance with Order No. 2020 – 1497 of December 2, 2020, the Extraordinary…

Malaysia Aviation Group moves forward in its restructuring exercise – The Star Online

KUALA LUMPUR: Malaysia Aviation Group (MAG), the parent company of Malaysia Airlines, has successfully obtained the approval from the UK Court to proceed with a major component of the comprehensive restructuring of the group. That court decision was a major milestone towards securing the airline’s future following the severe impact of the Covid-19 pandemic on…

Reorganisation and growth strategies in 2021 Financier Worldwide – Financier Worldwide

FW discusses reorganisation and growth strategies in 2021 with David Bryan at BM&T. FW: How would you describe the organisational challenges facing businesses in the wake of the coronavirus (COVID-19) pandemic? In general, how would characterise their prospects for growth in the months ahead? Bryan: The challenges for businesses are many and varied. After what…

Association of Insolvency and Restructuring Advisors Announces 8 CIRA Certification Awards – PRNewswire

MEDFORD, Ore., Jan. 18, 2021 Rendering financial advisory services in the business turnaround, restructuring and bankruptcy practice areas requires both special knowledge and extensive relevant experience. In 1992, the AIRA established the Certified Insolvency and Restructuring Advisor (CIRA) program to recognize by public awareness and certification those individuals who possess a high degree of knowledge…

Ulta announces corporate layoffs, merchandising restructure – Retail Dive

Dive Brief: As makeup begins a possible recovery, Ulta Beauty is laying off an unspecified number of corporate employees, a spokesperson told Retail Dive via email. The total number was “a meaningful, but relatively small number of our total associates,” the spokesperson said. The layoffs resulted from a restructuring that eliminated current and open roles…

Federal Communications Commission Approves Frontier’s Chapter 11 Restructuring – Business Wire

NORWALK, Conn.–(BUSINESS WIRE)–Frontier Communications Corporation (OTC: FTRCQ) (Frontier Communications) announced today that it has secured approval from the Federal Communications Commission (FCC) for its Chapter 11 restructuring. Frontier now has regulatory approvals, or favorable determinations, for its required change-in-control applications related to its court-supervised restructuring from the FCC and 13 states: Arizona, Georgia, Illinois, Minnesota,…