NEW YORK, Aug. 4, 2021 /PRNewswire/ —Crowell & Moring has expanded its Corporate Group in New York with the addition of partner Frederick “Rick” Hyman, a highly regarded financial restructuring and insolvency lawyer. With more than two decades of experience, Hyman focuses his practice on the representation of domestic and foreign lenders in connection with…
The University of Newcastle (UoN), located in the industrial city north of Sydney, recently released its 2020 Annual Report. The document points to how the governments and managements are exploiting the COVID-19 pandemic to accelerate the corporate restructuring of higher education, accompanied by an unprecedented assault on jobs and conditions for staff and students. The…
About 130 countries have agreed to the World Organization At least Tax, an idea approved by President Joe Biden. The lower tax is part of an international effort to avoid the tax of multinational corporations. The deal was announced last Thursday. It is an attempt to address the difficulties of the interconnected and growing online…
In addition, [there was] abandonment of content that was not completed including prime-time shows Australian Survivor, The Amazing Race Australia and Five Bedrooms, delays in the delivery of programming to third parties, and fewer original programs and live events airing on our broadcast networks. While production shutdowns, lower advertising and promotion costs and other cost-savings…
SINGAPORE -Keppel Corp has offered to take Singapore Press Holdings (SPH) private under ascheme which gives SPH a $3.4 billion value following the restructuring of its media business, it announced on Monday (Aug 2). Here is a recap of the recent developments for SPH, which publishes The Straits Times. Oct 13, 2020: SPH posts its…
SINGAPORE – Keppel Corp is proposing to acquire Singapore Press Holdings (SPH) through a privatisation offer after thehiving off of SPH’s media business. The offer, which values SPH at $3.4 billion, will see SPH delisted and become a wholly owned subsidiary of Keppel, the companies jointly announced on Monday (Aug 2). Keppels share of the…
Throughout the entirety of the worldwide pandemic that devasted businesses, regardless of age or size, across the country, changes had to be made to business models, however temporary, in order for them to remain solvent. Now, finally, the countrys economy is slowly beginning to recover; there is no better time than now to restructure your…
If Captain Izham Ismail had his way, he would be happily retired after working at Malaysia Airlines for nearly 40 years. The year was 2017, and the carrier, reeling from the loss of two aircraft three years prior, had witnessed the exit of its second chief executive in two years ex-Ryanair senior executive Peter Bellew…
What does employment law in the Czech Republic require of employers when it comes to making redundancies? It is an important question if you’re a business with a presence in the Czech Republic where, just like the rest of the world, mass redundancy exercises are commonplace as businesses restructure in an effort to survive the…
Businesses have always thrived through expansion, synergy and efficiency. Size does matter, but small and lean operations can prove to be very profitable. To deal with this apparent paradox, large multinationals need to be agile in the structuring of their operations. In the late 1980s and early 1990s, several tax regimes were implemented to help…