B. Riley Strengthens Restructuring Division with Three Senior Hires – Yahoo Finance

John Sordillo, Jeffrey Truitt and Tim Hannon join B. Riley to support growing demand for complex financial management and restructuring services LOS ANGELES, Sept. 23, 2021 /PRNewswire/ — B. Riley Financial (NASDAQ: RILY) (“B. Riley”) today announced continued growth in its restructuring division with the addition of three new senior executives. John Sordillo, Jeffrey Truitt…

China may initiate restructuring of Evergrande Group, says Morgan Stanley – Business Standard

Beijing may initiate a managed debt restructuring of a troubled property developer in the coming week, followed by policy easing in October to contain spillover to the broader economy, according to Morgan Stanley economists. Regulators have had a mechanism to deal with defaults of property developers and reduce systemic risk, economists including Robin Xing wrote…

Business Restructuring Review | SeptemberOctober 2021 | Jones Day – JDSupra – JD Supra

BUSINESS RESTRUCTURING REVIEWVOL. 20 NO. 5 SEPTEMBEROCTOBER 2021IN THIS ISSUE1 Secured Lenders Credit Bid Right in Bankruptcy Sale Denied4 Structured Dismissal of Chapter 11 Cases Did Not Violate Jevic8 Work-for-Hire Film Production Agreement Not Executory Contract in Bankruptcy Due to Lack of Mutual Continuing Material Obligations12 Stalking Horse Bidder May Be Entitled to Administrative Priority…

Apogee Enterprises Reports Fiscal 2022 Second-quarter Results – Business Wire

MINNEAPOLIS–(BUSINESS WIRE)–Apogee Enterprises, Inc. (Nasdaq: APOG) today announced its fiscal 2022 second-quarter results. Second-quarter revenue grew 2.0 percent to $325.8 million, compared to $319.5 million in the second quarter of fiscal year 2021, led by growth in Architectural Services and Large-Scale Optical. The company reported a net loss of $(0.08) per diluted share, which included…

Alan Brody to Co-Chair Turnaround Management Mid-Atlantic Networking Summit – Yahoo Finance

Alan J. Brody, a Restructuring & Bankruptcy shareholder in global law firm Greenberg Traurig, LLP’s New Jersey office, will co-chair the 2021 Turnaround Management Association (TMA) Mid-Atlantic Networking Summit on Sept. 23-24 at the Hard Rock Hotel & Casino in Atlantic City, NJ. The conference is the “premier event for the Mid-Atlantic region” and will…

Katten Bankruptcy Team Wins Numerous Turnaround Awards From The M&A Advisor – Yahoo Finance

NEW YORK, Sept. 20, 2021 /PRNewswire/ — Katten announced today that its Insolvency and Restructuring practice was honored by The M&A Advisor in five categories of the 15th annual Turnaround Awards, known as one of the restructuring and distressed investing industry’s benchmarks for excellence. Katten (PRNewsfoto/Katten) “Ours is a group of exceptionally talented attorneys with…