Orion Health restructures business to better align with customers and markets – Proactive Investors Australia

() is refocusing its health technology solutions with the aim of more closely serving its customers and markets. As such, Orion Health will reorganise its global teams and resources into three main business sectors – Rhapsody, Population Health and Hospitals. The company will be reporting by these sectors in the 2019 financial…

Schulte Roth & Zabel Announces Addition of Leading Corporate Restructuring Lawyer Kristine Manoukian – Litigation Finance Journal (blog)

NEW YORK(BUSINESS WIRE)Schulte Roth & Zabel (SRZ) announces the addition of Kristine Manoukian as a partner in the Business Reorganization Group, resident in the firms New York office. Ms. Manoukian joins the firm from Clifford Chance, where she was a partner in the financial restructuring group. Specializing in corporate restructuring and bankruptcy, Ms. Manoukian represents informal and official…

New York lawmakers restructure tax code in state budget in response to federal changes – CNBC

Employers will have the option of a new state payroll tax under the state budget passed last week. The payroll tax, called the “employer compensation expense program,” is among a series of changes designed to prevent New Yorkers from seeing their taxes increase as a result of the federal tax reform. Business organization leaders, such…

FirstEnergy Seeks Bankruptcy Protection for Ailing Coal and Nuclear Subsidiaries – Greentech Media

Utility FirstEnergy has taken the long-threatened step of filing for bankruptcy protection for its competitive power generation subsidiaries. It’s the latest development for a coal and nuclear power fleet that has become a focus of the Trump administrations efforts to shift energy policies to favor fossil-fired electricity.  Saturdays filing with the U.S. Bankruptcy Court for…

Pacific Drilling Announces Fourth-Quarter and Full-Year 2017 Results – Business Wire (press release)

LUXEMBOURG–(BUSINESS WIRE)–Pacific Drilling S.A. (OTC: PACDQ) today announced a net loss for fourth-quarter 2017 of $129.7 million, or $6.08 per diluted share, compared to a net loss for third-quarter 2017 of $157.5 million, or $7.38 per diluted share. Net loss for full-year 2017 was $525.2 million, or $24.64 per diluted share. On November 12, 2017…

EV Energy Partners Files for Chapter 11 to Implement Debt Restructuring and Files Its Form 10-K for 2017 – GlobeNewswire (press release)

HOUSTON, April 02, 2018 (GLOBE NEWSWIRE) — On March 14, 2018, EV Energy Partners, L.P. (NASDAQ:EVEP) and its subsidiaries (collectively, EVEP or the Company) announced that the Company entered into a restructuring support agreement (RSA) with certain holders of approximately 70 percent of its 8.0% senior notes due 2019 (the Senior Notes) and lenders holding…

Schulte Roth & Zabel Announces Addition of Leading Corporate Restructuring Lawyer Kristine Manoukian – Business Wire (press release)

NEW YORK–(BUSINESS WIRE)–Schulte Roth & Zabel (SRZ) announces the addition of Kristine Manoukian as a partner in the Business Reorganization Group, resident in the firms New York office. Ms. Manoukian joins the firm from Clifford Chance, where she was a partner in the financial restructuring group. Specializing in corporate restructuring and bankruptcy, Ms. Manoukian represents…