iRobot Announces Operational Restructuring Plan to Position Company for the Future – PR Newswire

Restructuring

Announces Leadership Transition  Provides Preliminary Fourth Quarter Results; Schedules Conference Call for February 27, 2024 BEDFORD, Mass., Jan. 29, 2024 /PRNewswire/ — Today, iRobot Corporation (NASDAQ: IRBT), a leader in consumer robots, announced that it will implement an operational restructuring plan designed to position the Company for stabilization in the current environment, while focusing on…

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Tax season has begun and a quarter of filers expect to owe the IRS how to avoid going into debt to pay your taxes – CNBC

Debt Help

Tax season officially begins today, as the IRS starts accepting individual tax returns for tax year 2023.  Three-quarters (75%) of filers expect a refund, according to a new survey from Intuit Credit Karma, with more than a quarter (27%) of them predicting it will be larger than last year.  Other filers, however, are feeling anxious…

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IBC | Moratorium Under S 14 No Bar To Execute Decree Against Directors/Officers Of Corporate Debtor:… – Live Law – Indian Legal News

Liquidation

The Supreme Court has held that the imposition of moratorium under Section 14 of the Insolvency and Bankruptcy Code, 2016 (IBC) has no effect on the execution of a decree against the Directors or Officers of the Company (Corporate Debtor), which is undergoing Corporate Insolvency Resolution Process (CIRP) under IBC. When the Company was admitted…

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Byjus Parent Company TLPL Plans USD 200 Million Rights Issue For Operational Sustainability – Free Press Journal

Liquidation

Byju’s Parent Company TLPL Plans USD 200 Million Rights Issue For Operational Sustainability | Image: Byju’s (Representative) Think and Learn Private Limited (TLPL), the parent company of Byju’s, on Monday announced to raise USD 200 million by way of a rights issue to all its equity shareholders, in its bid to achieve operational sustainability. The…

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China Evergrande has been ordered to liquidate. The real estate giant owes over $300 billion – ABC News

Bankruptcy

HONG KONG — A Hong Kong court ordered China Evergrande, the worlds most heavily indebted real estate developer, to undergo liquidation following a failed effort to restructure $300 billion owed to banks and bondholders that fueled fears about Chinas rising debt burden. It would be a situation where the court says enough is enough, Judge…

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Evergrande's liquidation could derail the Chinese economy and have global effects – ABC News

Liquidation

A Hong Kong court has ordered one of China’s biggest property developers, Evergrande Group, to liquidate after it was unable to reach a restructuring deal with creditors over hundreds of billions of dollars it owes. Key points: Evergrande has been ordered to liquidate after failing to come up with a restructuring deal with creditors over US$300 billion…

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