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Daily Archives: June 1, 2021

Teneo launches new global restructuring business – RTE.ie

RestructuringBy Insolvency GuardianJune 1, 2021

Global CEO advisory firm Teneo is today launching a new global restructuring business after the completion of its acquisition of the Restructuring Services business of Deloitte UK. The move marks the latest phase of the company’s ongoing expansion. Teneo’s new restructuring business will include over 300 specialists across Europe and the US and it will…

Teneo Launches Global Restructuring Business – PRNewswire

RestructuringBy Insolvency GuardianJune 1, 2021

NEW YORKand LONDON, June 1, 2021 /PRNewswire/ — Teneo, the global CEO advisory firm, today announced the latest phase of its ongoing expansion by launching a global Restructuring business following the completion of its acquisition of the Restructuring Services business of Deloitte UK. Teneo’s new Restructuring business will comprise more than 300 specialists across Europe…

China Gives Most Debt Relief Under G-20; Malaysia Goes Into Lockdown; Protests in Brazil – Caixin Global

Debt HelpBy Insolvency GuardianJune 1, 2021

Heres todays ranking of the top 10 most-read international stories among Chinese people. We want to help you get a sense of whats trending in the Chinese language sphere. 1. Malaysia begins nationwide lockdown Tuesday 2. The WHO says the search for Covid-19 origins has been poisoned by politics 3. China gives the most debt…

Amigo faces insolvency after UK court rejects compensation cap – The Guardian

BankruptcyBy Insolvency GuardianJune 1, 2021

The sub-prime lender Amigo faces potential collapse after confirming that it will not appeal against a high court decision that blocked a scheme to cap customer compensation. Amigo, which charges 49.9% interest and requires borrowers to provide a friend or family member to act as a guarantor, said it would consider all options and was…

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