Volkswagen Tries to Win Over Workers in Restructuring Spat – Bloomberg

Volkswagen AG Chief Executive Officer Matthias Mueller sought to win over workers to restructuring measures aimed at lifting margins at the embattled German carmakers namesake brand and helping weather the emissions-cheating scandal. After nearly six months of crisis and recent revelations that senior managers missed warning signs, workers are fighting to avoid footing the bill. That…

Details

MLPs: Critical But Often Overlooked Tax Implications Of Suspended Distributions And Debt Restructuring – Seeking Alpha

I’ve noticed within the comments section of my recent articles on Legacy Reserves (NASDAQ:LGCY) and Memorial Production Partners (NASDAQ:MEMP) that many readers are concerned with the potential tax ramifications of all the “creative measures” upstream master limited partnerships (“MLPs”) are implementing to try to remain solvent through the downturn in commodity prices. Latham & Watkins,…

Details

‘Butcher’ Dentist Faces Trial for Mutilating More Than 100 Patients in France – VICE News

The small French town of Château-Chinon, located in the rolling hills of the Nièvre district, was once best known for its medieval ruins and its former mayor, François Mitterrand, who went on to become France’s longest-serving president after his election in 1981. But this town of 2,100 residents has attracted a different sort of attention…

Details

Coming and Going Concerns – Wall Street Journal (blog)

Steven Agran has been promoted to principal and shareholder at turnaround firm MorrisAnderson, and Mark Briden has been promoted to director. Mr. Agran, who is based in New York City, was previously managing director. He has experience leading restructurings, turnarounds and interim management projects for distressed companies in industries including trucking and food services. Chicago-based Mr. Briden, previously associate…

Details

Brooks Automation (BRKS) Announces Corp. Restructuring, Streamlining; COO Morelli to Depart – StreetInsider.com

Get inside Wall Street with StreetInsider Premium. Claim your 2-week free trial here. Brooks Automation, Inc. (Nasdaq: BRKS) announced a restructuring today intended to streamline its business operations, advance its market responsiveness, and achieve approximately $15 million of annualized cost savings. As part of the restructuring, Brooks announced that it will be reorganizing its business…

Details

Miami Bankruptcy Attorney Christina Fiallo Launches New Debt Relief Website Designed to Teach Borrowers Debt … – Business Wire (press release)

MIAMI LAKES, Fla.–(BUSINESS WIRE)–Christina Fiallo, one of the top bankruptcy attorneys in Miami, officially launched her website on Tuesday, March 1, 2016. Fiallos firm has only been open for a little more than 1 year, but has already assisted more than 250 people with Chapter 7 and Chapter 13 bankruptcy help, as well as other…

Details