New York REIT Liquidating LLC Announces Results for the Quarter Ended March 31, 2019 and Declaration of Distribution of $0.10 Per Unit – GlobeNewswire

NEW YORK, May 09, 2019 (GLOBE NEWSWIRE) — New York REIT Liquidating LLC (the Company or the LLC), which was formed to complete the liquidation of the assets previously held by New York REIT, Inc., announced today it has filed its Quarterly Report on Form 10-Q for the quarter ended March 31, 2019. All per…

CSS Industries Announces Restructuring Plan and Additional Measures to Improve Its Business and Financial Performance – Associated Press

PLYMOUTH MEETING, Pa.–(BUSINESS WIRE)–May 8, 2019–CSS Industries, Inc. (NYSE: CSS) announced today a comprehensive restructuring plan to significantly reduce its cost base, while streamlining the organization in a manner designed to improve business performance, profitability and cash flow generation. Development of this restructuring plan initially began in connection with the Companys previously announced management project.…

RP takes over RCom board; corporate insolvency resolution process to resume – Business Standard

Following the National Company Law Tribunal (NCLT) directive, Reliance Communications (RCom) on Wednesday informed the stock exchanges that the administration of the corporate debtor would be taken over by the interim resolution professional (RP) and the corporate insolvency resolution process (CIRP) would resume. The powers of the board of directors or the partners of…