Top consulting firms in Brazil for restructuring and turnaround – Consultancy.lat

Restructuring

A new analysis of surveys among clients on track record / engagement satisfaction and management consultants on reputation has identified Brazils top consulting firms for restructuring and turnaround services. Companies in Brazil facing financial and operational difficulties, including rapidly deteriorating commercial performance, liquidity concerns, loss of key management / clients or refinancing risk, can according…

FirstEnergy Solutions Corp. Reaches Restructuring Support Agreement with Key Stakeholders – PRNewswire

Restructuring

The RSA will enable the Company to emerge as a fully integrated Independent Power Producer focused on maximizing the operating and financial synergies of its retail, nuclear and fossil generating assets. The Company will continue operating its nuclear and fossil generation until their previously announced deactivation dates, with a possibility of running the units for…

Amlak resumes talks with creditors to renegotiate debt restructuring – The National

Restructuring

Amlak Finance, a Dubai-based Sharia-complaint home financier, initiated talks with creditors to restructure debt, which the company restructured previously. The company had restructured its Dh10.2 billion investment deposits and settled Dh2.8bn in cash with financiers in 2014 and subsequently revised the terms of the 12-year restructuring deal in 2016, the company said in a statement…

Bankruptcy court confirms reorganization plan for radio giant iHeartMedia – Business Insider

Restructuring

The iHeart Media headquarters is shown Thursday, March 15, 2018, in Phoenix. AP Photo/Matt York iHeartMedia on Monday announced that the United States Bankruptcy Court for the Southern District of Texas has confirmed the Companys Plan of Reorganization. The Company expects to complete its restructuring process in the first half of 2019. Under the terms…

Gastar Exploration Successfully Completes Financial Restructuring And Emergence From Bankruptcy – PRNewswire

Restructuring

HOUSTON, Jan. 22, 2019 /PRNewswire/ –Gastar Exploration Inc. (OTCQB: GSTC) (the “Company” or “Gastar“) announced today that the conditions to effectiveness of its Chapter 11 Plan of Reorganization (as modified) (the “Plan“), which was confirmed by the United States Bankruptcy Court for the Southern District of Texas on December 20, 2018, have been satisfied and…

iHeartMedia Announces Confirmation of Plan of Reorganization – Business Wire

Restructuring

SAN ANTONIO–(BUSINESS WIRE)–iHeartMedia, Inc. (PINK: IHRTQ) (iHeartMedia) today announced that the United States Bankruptcy Court for the Southern District of Texas (the Court) has confirmed the Companys Plan of Reorganization (the Plan). The Company expects to complete its restructuring process in the first half of 2019. iHeartMedia is Americas number one audio company, with unparalleled…

Gastar Exploration Successfully Completes Financial Restructuring And Emergence From Bankruptcy – Markets Insider

Restructuring

HOUSTON, Jan. 22, 2019 /PRNewswire/ –Gastar Exploration Inc. (OTCQB: GSTC) (the “Company” or “Gastar“) announced today that the conditions to effectiveness of its Chapter 11 Plan of Reorganization (as modified) (the “Plan“), which was confirmed by the United States Bankruptcy Court for the Southern District of Texas on December 20, 2018, have been satisfied and…

Regulators criticised over British Steel pension restructuring – Financial Times

Restructuring

Tens of thousands of steelworkers involved in the UKs largest corporate pension restructuring were given little time to make very complex decisions, which left some facing potential financial losses, according to the findings of an independent review. The most significant concerns related to those choosing to transfer their pension out of the British Steel Pension…