Q2 and H1/2020: Tangible positive impact of restructuring on aap performance in challenging COVID-19 – PharmiWeb.com

DGAP-News: aap Implantate AG / Key word(s): Half Year Results14.08.2020 / 15:48The issuer is solely responsible for the content of this announcement. The COVID-19 pandemic led to a significant impairment of business operations at aap Implantate AG (“aap” or “Company”) in recent months, which is reflected in the development of sales and earnings in the…

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BDO USA Welcomes Balderach and Novak to Business Restructuring Practice – News – ABL Advisor

BDO USA, LLP announced that David Balderach and Robert Novak recently joined the firms business restructuring and turnaround services practice. Balderach, an industry veteran serving the lending and restructuring needs of energy and oilfield services businesses for the past 30 years, has joined BDOs Houston office. Balderach brings his deep industry experience to BDO to…

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Ailing Wirecard set to exit DAX index – The Star Online

FRANKFURT: Deutsche Boerse AG will remove Wirecard AG from its benchmark DAX index ahead of a regular quarterly review following the collapse of the payments company amid allegations of accounting fraud. The decision was taken following consultations with market participants conducted after Wirecard declared insolvency in June. The results favoured immediate removal of bankrupt companies…

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Corporate insolvencies could spike after Government support ends, restructuring trade body warns – Business Live

The West of England could see a steep rise in the number of corporate insolvencies this winter, a restructuring trade body is warning. According to research from R3, there could be an increase as early as October. The member survey of UK insolvency and restructuring professionals, found an overwhelming majority (93.7%) of respondents believed there…

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Government agencies abandoning company wind-ups could cause insolvency tsunami – DynamicBusiness

Fri 14 August 2020 – 6:27 am News By Guest Author Government measures to prop up zombie businesses through the pandemic could actually be harming Australian small businesses, with new data showing company wind-ups have all but ceased in the past quarter. Prushka Fast Debt Recovery revealed through data sourced from court records that the…

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Wirecard to Exit DAX Index With Delivery Hero Standing By – Yahoo Canada Finance

(Bloomberg) — Deutsche Boerse AG will remove Wirecard AG from its benchmark DAX index ahead of a regular quarterly reviewfollowing the collapse of the payments company amid allegations of accounting fraud. The decision was taken following consultations with market participants conducted after Wirecard declared insolvency in June. The results favored immediate removal of bankrupt companies…

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