Business Restructuring Review | MarchApril 2021 | Jones Day – JDSupra – JD Supra

BUSINESS RESTRUCTURING REVIEWVOL. 20 NO. 2 MARCH APRIL 2021IN THIS ISSUE1 Tenants Election to Retain Possession of Rejected Lease Premises Preserves Obligations Under Related Agreements4 Washington Bankruptcy Court Approves Chapter 11 Plan Exculpation and Release Provisions7 Legislative Update: New Australian Insolvency Law Reforms Enacted for Small Businesses9 Third Circuit Invokes Equitable Mootness to Bar Appeal…

SP Groups debt recast gets KV Kamath Committee, lenders approval – Business Standard

In a move that gives respite to Shapoorji Pallonji (SP) Group, the Indian lenders and the KV Kamath Committee have cleared its one-time restructuring (OTR) proposal. All debt restructuring proposals above Rs 1,500 crore were referred to the expert committee at its meeting on Tuesday. Shapoorji Pallonji and Companys (SPCPLs) the holding company of the…

RESTRUCTURING ADVISER URGENTLY CALLS FOR STRUGGLING BUSINESSES TO SEEK HELP BEFORE JOBKEEPER ENDS – PRWire

Mackay Goodwin also calls for Government to modify and extend JobKeeper for vulnerable industries FOR IMMEDIATE RELEASE NEWS RELEVANCE: All Business; All SME; Travel; Tourism; Hospitality; JobKeeper; Government When Job Keeper ends on 28 March, many businesses, especially those associated with travel and tourism, may find themselves financially struggling to meet their financial commitments. Leading…

Small business still uncertain of recovery as JobKeeper ends – AccountantsDaily

Business While business confidence has markedly improved, the end of JobKeeper will see many small businesses vexing over cash flow and weighing up restructuring plans, a new survey has found. Business John Buckley 29 March 2021 1 minute read object(stdClass)#17404 (8) { [“image_intro”]=> string(54) “images/articleimages-391×261/850×492/Jon-Sutton-ad.jpg” [“float_intro”]=> string(0) “” [“image_intro_alt”]=> string(60) “Small business still uncertain of…

Hyundai Wia: To Benefit from Mid/long-term Business Restructuring – BusinessKorea

The author is ananalystof NH Investment & Securities. He can be reached [email protected]. — Ed. We expect Hyundai Wias share price to show downward rigidity, considering its valuations (2021E P/B of 0.66x) and HMGs improving global utilization rates. A rebound in auto demand, together with visible results at Hyundai Wias new businesses, should provide strong…

Company Restructuring in China: Common Options for Foreign Businesses – China Briefing

Businesses in China can explore strategies for company restructuring to bolster their operational sustainability and facilitate company preparedness and agility, which is essential during periods of crises like the pandemic. As businesses look to benefit from Chinas economic rebound after suffering through the worst of COVID last year restructuring their operations, HR, finances, or supply…

Oliver’s restructure to break up food and convenience retail businesses – Business News Australia

Oliver’s Real Food (ASX: OLI) expects to achieve annual cost savings of $4 million from a corporate restructuring announced today following a six-month review to make the company profitable after years of financial woes. With a renewed board and an extra $5 million in funds from a recent placement backed by institutional investors, the company…