Lenders to Future Enterprises, Future Supply Chain Solutions approve debt restructuring – Free Press Journal

Lenders to two more Future group firms — Future Enterprises and Future Supply Chain Solutions — have approved a resolution plan to restructure the existing secured financial debt of the companies, as per regulatory filings. Last week, a consortium of 28 banks had approved a resolution plan for debt restructuring of the Kishore Biyani-led group’s…

Flower One Announces the Completion of its Restructuring Transaction – Business Wire

LAS VEGAS & TORONTO–(BUSINESS WIRE)–Flower One Holdings Inc. (“Flower One” or the “Company”) (CSE: FONE) (OTCQX: FLOOF) (FSE: F11), a leading cannabis cultivator and producer in Nevada, is pleased to announce today that (i) following its press release dated April 14, 2021, the Company has completed its restructuring transaction with its 9.5% unsecured debentures due…

Post-Covid road to recovery – Stuff.co.nz

SUPPLIED Sectors such as retail have been hit particularly hard by Covid-19 and successive lockdowns. Many economists predicted a plummet post Covid-19. But the softening effect of government subsidies, quantitative easing, and mortgage holidays saw many New Zealand businesses come out of 2020 relatively unscathed. A year on, there are storm clouds on the horizon.…

Gupta carved up business empire in attempt to secure UK Covid loans – Financial Times

Metals magnate Sanjeev Gupta restructured his business empire last year in an attempt to maximise the amount of UK taxpayer-backed loans he could draw on through the governments coronavirus lending scheme. Companies affiliated with Gupta applied for hundreds of millions of pounds of loans via Greensill Capital, which tapped the Coronavirus Large Business Interruption Loan…

Research: Joint Ventures that Keep Evolving Perform Better – Harvard Business Review

Partnerships and joint ventures are an important source of revenue and innovation for many large companies, particularly in areas of emerging technology. New research shows that companies that restructure a large percentage of partnerships show better financial returns. Companies creating new partnerships should take steps to allow for future restructuring. Successful companies actively manage their…

Research: Joint Ventures that Keep Evolving Perform Better – Harvard Business Review

Partnerships and joint ventures are an important source of revenue and innovation for many large companies, particularly in areas of emerging technology. New research shows that companies that restructure a large percentage of partnerships show better financial returns. Companies creating new partnerships should take steps to allow for future restructuring. Successful companies actively manage their…