Skillsoft Restructuring Plan Confirmed by Court – Business Wire

BOSTON–(BUSINESS WIRE)–Skillsoft Corporation (Skillsoft or the Company), a global leader in learning and talent management solutions, today announced that the U.S. Bankruptcy Court for the District of Delaware has confirmed the Companys Plan of Reorganization. The Company expects to successfully complete its financial restructuring process and emerge from Chapter 11 in the coming weeks with…

3M cuts 1700 more jobs after selling a business and grappling with virus slowdown – Minneapolis Star Tribune

After announcing in January that it would cut about 1,500 jobs in another restructuring, 3M has since moved to eliminate an additional 1,700 positions due to COVID-19 and the sale of its drug delivery business. During the second quarter, 3M committed to a restructuring directly related to the pandemic and its economic impacts, leading to…

3M cuts 1700 more jobs after selling a business and grappling with virus slowdown – Minneapolis Star Tribune

After announcing in January that it would cut about 1,500 jobs in another restructuring, 3M has since moved to eliminate an additional 1,700 positions due to COVID-19 and the sale of its drug delivery business. During the second quarter, 3M committed to a restructuring directly related to the pandemic and its economic impacts, leading to…

Credit Settlement Market Outlook 2020 : Guardian Debt Relief, Debt Negotiation Services, Premier Debt Help – Galus Australis

Global Credit Settlement Market research report published bymarket insight reportsexplores the current outlook in global and key regions from the perspective of Major Players, Countries, Product types and end industries. This report analyzes top players in the global market and divides the Market into several parameters. This Credit Settlement Market research report identifies the competitive…

Gascoyne faces liquidation as court proceedings begin – Australian Mining

The Dalgaranga process plant. Source: Gascoyne Resources Latest News The Federal Court of Australia has launched proceedings on Gascoyne Resources plan to be relisted on the Australian Securities Exchange. This follows Habrok Mining, a Western Australia-based investment company, putting forward an unsuccessful deed of company arrangement (DOCA) proposal for Gascoyne, before purchasing unsecured debt of…

China’s Weilin owes $58m, but cotton farmers, brokers offered $5.5m – The Australian Dairyfarmer

Unsecured creditors from across the cotton industry are being warned to expect to be repaid maybe just a fifth of their losses following the collapse of Chinese-owned merchant Weilin Trade owing about $58 million. Latest estimates suggest about 195 cotton growers, brokers, merchants and other service providers have lost money after Weilin bought cotton for…