Dave Wilkin, Co-Founder and CEO, 10KC. Getty Economic uncertainty and fear for the future have led to mass layoffs and hiring freezes across many companies. And while these measures might be fiscally responsible and necessary, employee engagement is undoubtedly impacted when an organization downsizes or restructures. A quick look at social media, and you can…
LONDON, Jan. 3, 2023 /PRNewswire/ — Winston & Strawn LLP is pleased to announce the expansion of the firm’s restructuring team with the addition of Partner Paul Fleming to lead the Restructuring & Insolvency Practice in the firm’s London office. Paul has more than 25 years’ experience in advising creditors (including institutional lenders and bondholders),…
LONDON, Jan. 3, 2023 /PRNewswire/ — Winston & Strawn LLP is pleased to announce the expansion of the firm’s restructuring team with the addition of Partner Paul Fleming to lead the Restructuring & Insolvency Practice in the firm’s London office. Paul has more than 25 years’ experience in advising creditors (including institutional lenders and bondholders),…
The government will examine suggestions to let shareholders of large defaulters retain control of the businesses while exploring fresh investments and corporate restructuring with its lenders outside bankruptcy tribunals, in a major change to the Insolvency and Bankruptcy Code (IBC). The ministry of corporate affairs insolvency law committee, comprising officials and independent experts, will examine…
(Alliance News) – STAR7 Spa on Saturday signed a lease agreement for the business unit comprising Consulting Automotive Aerospace Railway Spa, based in Turin, Italy, rights similar to rights in rem to foreign subsidiaries in Brazil and Serbia, and a second lease agreement for the business unit of STI srl, based in Bolzano, Italy, a…
It was a perfect storm for bitcoin mining companies in 2022: Interest rate hikes increased the cost of capital, mining bitcoin became less profitable as hashrate stubbornly trudged upward while bitcoins price tumbled and mining companies treasury management strategies failed them. The result of the tempest shows up in the stock prices of the five…
HSBC Holdings plcs (HSBC Quick QuoteHSBC – Free Report) strong capital position, initiatives to strengthen digital capabilities, an extensive network and improvement in operating efficiency through business restructuring will likely keep aiding growth. Exiting the U.S. and French retail banking operations is expected to help the company focus more on Asia. The Zacks Consensus Estimate…
MOSCOW, Dec 30 (Reuters) – Russia’s largest children’s toy retailer Detsky Mir (DSKY.MM) on Friday said its shareholders had agreed to restructure the business in the form of a spin-off, as part of a reorganisation that could see the company become private. Detsky Mir’s free float exceeds 50%, according to Refinitiv data, and counts a…
12/30/2022 | 02:35am EST PETROL, Slovenska energetska druzba, d.d., Ljubljana Dunajska cesta 50 1000 LJUBLJANA The proposers VIZIJA HOLDING, financna druzba, d.o.o., Dunajska cesta 156, Ljubljana, and VIZIJA HOLDING ENA, financna druzba, d.o.o., Dunajska cesta 156, Ljubljana (“the Proposers”), more specifically: The proposer VIZIJA HOLDING, financna druzba, d.o.o., Dunajska cesta 156, Ljubljana as the holder…
(Alliance News) – Fabilia Group Spa announced Tuesday that it has approved the business plan and recovery plan 2023-2027 in addition to the launch of a financial restructuring and revitalization of the group. Specifically, the board of directors approved the business plan and business plan 2023-2027, in which the group’s growth forecasts for the next…