In Australia, the administrators of the David Jones department store chain said that lawyers for its owners from Anchorage Capital engaged McGrathNicol to analyse part of the company’s financial information as early as April 2026. As The Guardian reports, representatives of David Jones, its largest creditor Hilco and McGrathNicol discussed the group’s financial performance and a possible restructuring in July.
Restructuring talks
According to McGrathNicol, the July meeting was attended by David Jones group director Simon Woodhouse and representatives of Hilco. The participants also considered establishing a working group to discuss the…