ARDSLEY, N.Y., September 09, 2021–(BUSINESS WIRE)–Acorda Therapeutics, Inc. (Nasdaq: ACOR) today announced a corporate restructuring to reduce costs and more closely align operating expenses with expected revenue. The Company also announced changes to its management team. Corporate Restructuring As a result of the restructuring, the Company is reducing headcount by 15%. Most of the reduction…
In July, my colleague Hayden Asper, wrote in this publication that when it came to collecting outstanding tax debts, while the Australian Tax Office had cut businesses some slack, this generosity wasnt going to last forever. And it hasnt. For a while, the ATO had been sympathetic about uncertain cash flows and made some changes…
Concilium Consulting, consulting company in business restructuring affiliated to Turnaround Management Association, managed to get, according to the Government Ordinance 6/2019, the restructuring of all outstanding budgetary debts of Chimica Group, amounting to over RON 48 million. The National Agency for Tax Administration approved all the six restructuring plans we have drafted for the Chimica…
IRVINE, Calif.–(BUSINESS WIRE)–Force Ten Partners LLC (Force 10) today announced the completion of the restructuring effort for CarbonLite Holdings, LLC and its subsidiaries (CarbonLite), one of the world’s largest suppliers of post-consumer recycled polyethylene terephthalate (rPET), which is then used to produce high-quality food-grade recycled rPET material sold to the world’s largest beverage companies. On…
10 September 2021 Consultancy.uk 3 min. read PwC has enhanced its business restructuring services with the appointment of Rob Asplin as a Senior Advisor. The Head of the department, Steve Russell, praised a great addition to the team, demonstrating PwCs continued investment in the sector. Asplin arrives with more than two decades of expertise in…
A man holds a petrol nozzle in a petrol pump in Kolkata, India, 03 July, 2021. Indranil Aditya | NurPhoto | Getty Images DETROIT Ford Motor is ending vehicle production in India, shutting down its two large plants there and terminating thousands of employees, as CEO Jim Farley restructures the automaker’s operations as part of…
ARDSLEY, N.Y.–(BUSINESS WIRE)–Acorda Therapeutics, Inc. (Nasdaq: ACOR) today announced a corporate restructuring to reduce costs and more closely align operating expenses with expected revenue. The Company also announced changes to its management team. Corporate Restructuring As a result of the restructuring, the Company is reducing headcount by 15%. Most of the reduction in personnel will…
PwC has further enhanced its business restructuring services (BRS) with the appointment of Rob Asplin as a senior adviser. Asplin brings two decades of expertise in the restructuring and private equity sectors, specialising in protecting and creating value in turnaround situations. His appointment at PwC will have a particular focus on working with private equity-backed…
X Register for free to receive latest news stories direct to your inbox Register PwC has added to its business restructuring serviceswith the appointment of Rob Asplin as a senior adviser. He brings two decades of expertise in the restructuring and private equity sectors, specialising in protecting and creating value in turnaround situations. Previously he…
Norwegian offshore vessel owner DOF is facing hurdles as it tries to negotiate a debt restructuring deal. Smaller shareholders have partnered up looking to put a stop to a restructuring plan that they believe would leave the company in the hands of incoming investors and large shareholders. According to Norwegian business daily Finansavisen, the group…