HNA to hold creditor meeting; restructuring plan folds entities into one group – document – Reuters

The HNA Group logo is seen on the building of HNA Plaza in Beijing, China February 9, 2018. REUTERS/Jason Lee/File Photo SHANGHAI, Sept 27 (Reuters) – Eleven entities belonging to embattled conglomerate HNA Group, including its flagship carrier, Hainan Airlines (600221.SS), will hold a creditor meeting on Monday, according to a document detailing its debt…

Ankura launches a European restructuring consulting practice – Consultancy.eu

27 September 2021 Consultancy.eu 3 min. read US-headquartered consulting firm Ankura has launched a European restructuring practice, bringing on board several high-profile restructuring specialists from rivals to lead the charge. Founded in 2014, Ankura has over the past years grown into a 1,500-strongconsulting firm that advises clients on a range of strategic, organisational and financial…

4 key signs of business change every leader should be ready for in 2021 – Business Insider Australia

Image: iStock / skynesher This article is sponsored by Accenture. The world is now emerging from a crisis never before seen in our times, but with this setback comes a raft of opportunities. The pandemic triggered the reinvention of business models, the restructuring of supply chains and a collection of fast-tracked scientific breakthroughs. Organisations have…

HNA to hold creditor meeting; restructuring plan folds entities into one group – document – Yahoo Finance

SHANGHAI, Sept 27 (Reuters) – Eleven entities belonging to embattled conglomerate HNA Group, including its flagship carrier, Hainan Airlines, will hold a creditor meeting on Monday, according to a document detailing its debt restructuring plan, seen by Reuters. Under the plan, the 11 entities will be reorganised as a group and most of the group’s…

B. Riley Strengthens Restructuring Division with Three Senior Hires – PRNewswire

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 and Tim Hannon have joined B. Riley Advisory Servicesand bring several decades of experience and proven expertise in complex financial management and restructuring…

Business Restructuring: Transfer Pricing and Documentation – Bloomberg Tax

Business restructurings of multinational groups very often include a transfer pricing aspect, either (i) because an existing transfer pricing policy needs to be re-examined and possibly modified further to the restructuring, and/or (ii) because it must be determined whether the restructuring in itself is implemented in accordance with the arms-length principle. Since the arms-length principle…

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…