PwC has added to Business Restructuring Services (BRS) team 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. Previously he has been a partner in a special situations Fund; a Portfolio Chief…
LAS VEGAS, NV / ACCESSWIRE / September 7, 2021 / Alkame Holdings, Inc. (OTC PINK:ALKM), is pleased to announce that management continues the strengthening of its balance sheet with the execution of a debt restructuring agreement with Blue Citi LLC. The Company’s strategic debt restructuring with Blue Citi LLC, has resulted in an agreement to…
PwC has added to Business Restructuring Services (BRS) team 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. Previously he has been a partner in a special situations Fund; a Portfolio Chief…
share this article Share this article Vincent Fabian Thomas (The Jakarta Post) PREMIUM Jakarta Tue, September 7, 2021 An extension to the loan-restructuring program for another year is expected to give banks and borrowers more breathing space, as fresh mobility restrictions (PPKM) dim Indonesias business recovery outlook. The Financial Services Authority (OJK) announced on Sept.…
Philippine Airlines (PAL) has said there is no certainty its business restructuring process will end by 2021, noting that a variety of factors will affect the timeline. The carrier was responding to a news report by the Manila Bulletin, which cites PAL president and chief operating officer Gilbert Santa Maria as saying that the embattled…
In its second annual list, ALB showcases outstanding private practitioners in India when it comes to client service. These lawyers were selected based on client recommendations sent directly to ALB. The list is in alphabetical order, and some lawyers have been profiled. VINEET ANEJA, managing partner and head of corporate practice, Clasis Law Aneja, who…
MANILA, Philippines–(BUSINESS WIRE)–Philippine Airlines Inc. (PAL) announced today that it has entered into a series of agreements with substantially all of the Companys lenders, lessors, and aircraft and engine suppliers, as well as its majority shareholder, to allow the Company to successfully restructure and reorganize its finances to navigate the COVID-19 crisis and emerge as…
The Debt Restructuring initiative focused specifically on its Finnish subsidiary Kuu Hubb Oy is intended to improve the companys financial situation by decreasing its current debt burden HIGHLIGHTS: Board of Directors unanimously supports the debt restructuring of its Finland-based subsidiary Kuu Hubb Oy, which represents over 7.7 million of aggregate indebtedness Kuuhubb Inc.s operations will…
HIGHLIGHTS: Board of Directors unanimously supports the debt restructuring of its Finland-based subsidiary Kuu Hubb Oy, which represents over 7.7 million of aggregate indebtedness Kuuhubb Inc.s operations will continue without interruption; the process is not expected to have any impact on customers, vendors or employees The Debt Restructuring proceedings will be under the jurisdiction of…
– Company anticipates completing previously announced infrastructure division sale to I Squared Capital in the coming weeks – Prepackaged chapter 11 cases for entities based in the United States (U.S.) contemplated after the sale of infrastructure division is closed – The combination of the infrastructure division sale and the transactions contemplated by the RSA will…