Share Tweet Share Share Email Every company today is looking for a way of avoiding being bankrupt because this affects their services beyond their expectations. Bankruptcy or insolvency is a situation at which you will not be able to settle those that you owe. Insolvency does not start one day so this means that the…
DetailsNikhil Shah, Managing Director To extend resolution services; plans to open office in Delhi New Delhi, April 25: Alvarez & Marsal, a global leader in turnaround management and corporate restructuring, intends to widen service offerings in India to include Resolution services. The firm plans to offer resolution professionals service once the new insolvency and Bankruptcy…
DetailsA study by CITR shows that over 50 percent of companies of impact in the Romanian economy (having assets exceeding EUR 1 million) are in difficulty. Although the number of insolvency cases has declined in the past three years, over 50 percent of companies falling into insolvency reported a double loss and an increase in…
DetailsMINNEAPOLIS–(BUSINESS WIRE)–R3 Continuum (R3) today announced a restructuring to highlight the depth, breadth and expertise of their clinical team. This restructuring is largely focused on the leadership team, but will also cascade further into the organization as R3 growth accelerates. The three key moves in this restructuring include a change in reporting relationship for Dr.…
DetailsThe US government has a lot of debt, around $19 trillion of it. Yes thats a huge, intimidating number on the face of it, but according to Scott Brown of Raymond James, its also not a serious issue. Just when you thought all the fear-mongering had subsided, the national debt has resurfaced as a topic…
DetailsIt was only one sentence, uttered in a TV interview more than 14 years ago by a former Deutsche Bank CEO, but it set the ball rolling for what would become one of the most bitter and most protracted legal disputes in German corporate history. In February 2002, Rolf Breuer, a former top executive at…
DetailsUpdated April 25, 2016 10:12 a.m. ET Xerox Corp. XRX -12.49 % s profit fell 85% in the first quarter, hurt by higher restructuring charges, as its business remained challenged ahead of its planned separation. Shares of Xerox fell 11% to $9.95 in morning trading in New York as the company also issued downbeat guidance…
Details“Hamilton” creator Lin-Manuel Miranda and his smash hit Broadway musical just saved Alexander Hamilton’s spot on the $20 bill. Comedian John Oliver tapped Miranda Sunday to help out with another, much bigger money problem. Oliver used Sunday’s episode of HBO’s “Last Week Tonight” to take a closer look at Puerto Rico’s massive debt. The island is…
DetailsAlphachatterbox is available on Acast, iTunes, and Stitcher. Many people like it when stocks go up, and feel bad when prices go down. Pension plans look healthier in bull markets. Dealmakers have more work to do when rich valuations encourage executives to go on buying sprees. Brokerage houses get more fees when amateur punters decide…
DetailsTHE number of insolvency cases in Cork has more than doubled in 2016 as bankruptcy rates fall. New figures issued by the Insolvency Service of Ireland show that 53 personal insolvency arrangements (PIAs) were filed in Cork between January and March, more than double the number for the same period last year. The shift away…
Details