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…
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…
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…
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…
PHUKET: About 100 people gathered at Phuket Provincial Hall this afternoon (aug 6) to file a petition calling for debt relief for businesses affected by the COVID-19 pandemic. The group, calling themselves the COVID-19 affected people club, carried placards urging the Prime Minister and other leading officials to help. The petition submitted today featured about…
The Insolvency, Restructuring and Dissolution Act 2018, (Act No.40 of 2018, the Act) , which came into force on 30 July, marks, for now at least, the final stage in what has been a far-reaching overhaul of Singapores insolvency and debt restructuring regime. This process had started in 2015 with some amendments to the Bankruptcy…
The Baccarat table found outside the gambling den in Yannawa district on Monday. (Photo: Wichan Charoenkiatpakul) A video spreading on social media shows men hastily removing the security cameras at a gambling den in Bangkok’s Yannawa district where four peopled were shot dead on Monday night, one of them an off-duty police major. “Remove all…
Mark and Sarah found themselves in a desperate financial situation when the COVID-19 pandemic hit. Almost immediately after social distancing was first put in place in Australia this year, Sarahs bookings as a professional photographer dried up. Marks hours at his retail job were at first dramatically reduced, then stopped altogether. But Mark and Sarah…
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…
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…