MedAvail Holdings, Inc. Company focusing on innovative technology and exit of pharmacy services Restructuring to further extend capital resources Annual cash burn expected to be reduced by greater than 65% in 2023 Company exploring financing options in connection with business transition PHOENIX, Ariz., Jan. 19, 2023 (GLOBE NEWSWIRE) — MedAvail Holdings, Inc. (Nasdaq: MDVL) (MedAvail),…
From left: Theo Bai, Evan Xian JunHe kicks off the new year with the hiring of two partners to strengthen its insolvency restructuring and dispute resolution practices. Theo Bai, who had practised at King & Wood Mallesons for more than 10 years, joined the firms Beijing headquarters, while Evan Xian, a former partner at East…
The simplified debt restructuring process was largely successful although the number of companies involved was small. By Keeli Cambourne19 January 20231 minute read ASIC has outlined its findings on all the small business restructuring practitioner appointments for the 18-month period to 30 June 2022 in the first assessment of the scheme. Already have an account?…
A Party City in Clifton, NJ, on Jan 16, 2023. CNBC | Mike Calia Retailer Party City has filed for Chapter 11 bankruptcy protection, toppled by a heavy debt load as inflation hits consumers’ wallets and dents sales. The company said Wednesday it struck an agreement to reduce its debt and has already received support…
By Anne D’Innocenzio and Michelle Chapman|AP, NEW YORK Party City has filed for Chapter 11 bankruptcy protection after struggling with rising prices and a pullback in customer spending. The company, based in Woodcliff Lake, New Jersey, said that its franchise stores, subsidiaries outside of the U.S. and its foil balloons Anagram business are not part…
ESTERO, Fla., Jan. 17, 2023 (GLOBE NEWSWIRE) — GRN Holding Corporation, Inc.(OTC Pink: GRNF) is pleased to announce it has entered into a non-binding letter of intent for a corporate restructuring with Marijuana Inc. of Florida. By collaborating with both companies resources and leadership and leveraging an extensive network of relationships, the company expects to…
GRN Holdings Corporation, Inc. ESTERO, Fla., Jan. 17, 2023 (GLOBE NEWSWIRE) — GRN Holding Corporation, Inc.(OTC Pink: GRNF) is pleased to announce it has entered into a non-binding letter of intent for a corporate restructuring with Marijuana Inc. of Florida. By collaborating with both companies resources and leadership and leveraging an extensive network of relationships,…
Dubai, United Arab Emirates, 17 January 2023 FTI Consulting, Inc. (NYSE: FCN) today announced the appointment of Nilesh Asharas a Senior Managing Director and Sameep Uchilas a Managing Director in the Dubai International Financial Centre office in Dubai, UAE. The two senior appointments will form a new tax offering within the Corporate Finance & Restructuring…
Hayden White specialises in restructuring, corporate recovery and turnaround management, bringing more than 20 years of experience working with corporate clients, boards, financiers, retail banks and small-to-medium enterprises. Hayden brings extensive experience across all facets of insolvency and restructuring, including Independent Business Reviews for equity and debt holders, acting as an independent expert on solvency-related…
Dubai, United Arab Emirates, 17 January 2023 FTI Consulting, Inc. (NYSE: FCN) today announced the appointment of Nilesh Asharas a Senior Managing Director and Sameep Uchilas a Managing Director in the Dubai International Financial Centre office in Dubai, UAE. The two senior appointments will form a new tax offering within the Corporate Finance & Restructuring…